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 LLC3 years Filed as: FARMERS FINANCIAL SOLUTIONS, LLC Service code 55 · EIN 71-0294708 31051 AGOURA RD · WESTLAKE VLG, CA 91361 | Other Commissions | $23,585 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $46,271 | $50,815-8.9% | $155,509-70.2% | $77,643-40.4% |
| Participation rate | 35.7% | 63.1%-27.4pp | 78.2%-42.5pp | 70.6%-34.9pp |
| Annual return | 9.82% | 34.80%-25.0pp | 64.67%-54.8pp | 31.24%-21.4pp |
| Employer contribution / active EE | $824 | $1,993-58.6% | $4,672-82.4% | $2,726-69.8% |
| Participant deferral / active EE | $2,994 | $2,822+6.1% | $5,626-46.8% | $4,647-35.6% |
| Admin fee / account holder | $268 | $437-38.7% | $15,912-98.3% | $430-37.8% |