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 LLC2 years Filed as: FARMERS FINANCIAL SOLUTIONS, LLC Service code 55 · EIN 71-0294708 31051 AGOURA RD · WESTLAKE VLG, CA 91361 | Other Commissions | $17,007 |
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 | $48,284 | $47,126+2.5% | $149,673-67.7% | $74,419-35.1% |
| Participation rate | 35.1% | 63.4%-28.3pp | 78.8%-43.6pp | 70.7%-35.6pp |
| Annual return | 13.92% | 22.75%-8.8pp | 134.42%-120.5pp | 34.38%-20.5pp |
| Employer contribution / active EE | $784 | $1,905-58.9% | $4,818-83.7% | $2,637-70.3% |
| Participant deferral / active EE | $2,648 | $2,728-2.9% | $5,680-53.4% | $4,528-41.5% |
| Admin fee / account holder | $247 | $343-27.9% | $13,210-98.1% | $348-29.0% |