Filed November 17, 2022 (most recent of 3 filings on file)
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 |
|---|---|---|
ABD RETIREMENT SERVICES INC5+ years Filed as: ABD RETIREMENT SERVICES, INC. Service code 10 · EIN 80-0833114 | Accounting | $45,000 |
Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 13 · EIN 22-1211670 | Contract Administrator | $20,503 |
CLIFTONLARSONALLEN LLP1 year Filed as: CLIFTONLARSONALLEN, LLP Service code 10 · EIN 41-0746749 | Accounting | $12,500 |
Service code 15 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $130,292 | $81,719+59.4% | $101,248+28.7% | $90,288+44.3% |
| Participation rate | 35.3% | 80.7%-45.5pp | 75.8%-40.6pp | 73.4%-38.1pp |
| Annual return | -5.37% | 337.64%-343.0pp | 46.47%-51.8pp | 53.97%-59.3pp |
| Employer contribution / active EE | $763 | $3,622-78.9% | $3,660-79.1% | $2,524-69.8% |
| Participant deferral / active EE | $2,835 | $3,310-14.3% | $4,370-35.1% | $4,232-33.0% |
| Admin fee / account holder | $69 | $162-57.5% | $5,945-98.8% | $114-39.7% |