Filed June 21, 2022
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 |
|---|---|---|
Service code 12 · EIN 13-3689044 | Participant loan processing; Sharehol... | $355,032 |
CAMBRIDGE INVESTMENT RESEARCH2+ years Service code 27 · EIN 48-1188446 | Advisory (Plan) | $85,888 |
LBMC, PC1+ years Service code 10 · EIN 62-1199757 | Accounting | $20,000 |
MID ATLANTIC CAPITAL CORPORATION2+ years Service code 33 · EIN 25-1409618 | Securities brokerage commissions and ... | $0 |
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,691 | $168,231-93.6% | $67,834-84.2% | $63,975-83.3% |
| Participation rate | 83.0% | 66.8%+16.2pp | 68.8%+14.2pp | 71.1%+11.9pp |
| Annual return | 7.98% | 11.76%-3.8pp | 138.47%-130.5pp | 48.65%-40.7pp |
| Employer contribution / active EE | $288 | $1,907-84.9% | $2,403-88.0% | $2,182-86.8% |
| Participant deferral / active EE | $1,458 | $2,827-48.4% | $3,160-53.9% | $3,356-56.6% |
| Admin fee / account holder | $143 | $81+78.1% | $4,622-96.9% | $70+103.6% |