Filed January 25, 2024
Total covered: 196 employees
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 3-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 |
|---|---|---|
STRATEGIC ADVISORS, INC.3+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $348,936 |
Service code 37 · EIN 04-2647786 | Loan Processing | $296,006 |
GROOM LAW GROUP1 year Filed as: GROOM LAW GROUP, CHARTERED Service code 29 · EIN 52-1219029 | Legal | $169,179 |
RVK, INC.2 years Filed as: RV KUHNS & ASSOCIATES, INC. Service code 27 · EIN 93-0910652 | Advisory (Plan) | $97,850 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 28 · EIN 27-2037969 | Investment Management | $55,000 |
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 | $219,715 | $117,739+86.6% | $116,228+89.0% | $117,739+86.6% |
| Participation rate | 98.0% | 76.6%+21.4pp | 74.6%+23.5pp | 76.6%+21.4pp |
| Annual return | 14.41% | 17.29%-2.9pp | 90.06%-75.6pp | 17.29%-2.9pp |
| Employer contribution / active EE | $7,882 | $3,746+110.4% | $2,994+163.2% | $3,746+110.4% |
| Participant deferral / active EE | $10,942 | $6,128+78.6% | $4,953+120.9% | $6,128+78.6% |
| Admin fee / account holder | $162 | $112+44.7% | $11,989-98.6% | $112+44.7% |