Filed December 23, 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 25 · EIN 04-2647786 | Directed Trustee | $156,022 |
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $58,529 |
UBS FINANCIAL SERVICES INC5 years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166 | Advisory (Plan) | $55,066 |
PLANTE & MORAN, PLLC2 years Service code 10 · EIN 38-1357951 | Accounting | $37,000 |
HARLOWE & FALK LLP2 years Service code 29 · EIN 11-3662832 | Legal | $7,250 |
Form 5500 reported that benefits due were not provided when due.
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 | $72,709 | $112,686-35.5% | $169,993-57.2% | $80,160-9.3% |
| Participation rate | 99.1% | 87.4%+11.7pp | 87.0%+12.1pp | 72.9%+26.2pp |
| Annual return | 17.06% | 67.04%-50.0pp | 53.37%-36.3pp | 40.38%-23.3pp |
| Employer contribution / active EE | $3,691 | $4,481-17.6% | $6,785-45.6% | $2,978+23.9% |
| Participant deferral / active EE | $5,579 | $7,876-29.2% | $10,408-46.4% | $5,017+11.2% |
| Admin fee / account holder | $120 | $99+21.0% | $12,815-99.1% | $145-17.3% |