Filed December 5, 2018
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1 year Filed as: ASCENSUS, LLC Service code 15 · EIN 11-3665754 | Recordkeeping | $1,875 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,460 | $47,977-17.8% | $154,107-74.4% | $56,287-29.9% |
| Participation rate | 57.5% | 66.2%-8.7pp | 83.0%-25.5pp | 69.9%-12.4pp |
| Annual return | -11.27% | 3.54%-14.8pp | 735.12%-746.4pp | -9.96%-1.3pp |
| Employer contribution / active EE | $2,312 | $2,169+6.6% | $5,298-56.4% | $2,111+9.5% |
| Participant deferral / active EE | $3,772 | $2,392+57.7% | $5,081-25.7% | $3,350+12.6% |
| Admin fee / account holder | $12 | $438-97.3% | $13,411-99.9% | $521-97.7% |