Filed August 24, 2023 (most recent of 2 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 5-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: FARMERS FINANCIAL SOLUTIONS, LLC Service code 55 31051 AGOURA RD · WESTLAKE VLG, CA 91361 | Other Commissions | $14,719 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,521 | $46,292-10.3% | $143,757-71.1% | $64,808-35.9% |
| Participation rate | 33.6% | 64.2%-30.6pp | 80.3%-46.7pp | 71.5%-37.8pp |
| Annual return | -13.22% | -10.05%-3.2pp | -0.04%-13.2pp | 32.82%-46.0pp |
| Employer contribution / active EE | $789 | $1,910-58.7% | $4,951-84.1% | $2,506-68.5% |
| Participant deferral / active EE | $2,432 | $2,646-8.1% | $5,637-56.9% | $4,310-43.6% |
| Admin fee / account holder | $216 | $154+40.4% | $14,673-98.5% | $188+14.9% |