Filed July 6, 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 |
|---|---|---|
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $341,605 |
Service code 37 · EIN 04-2647786 | Loan Processing | $224,373 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
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 | $79,288 | $50,127+58.2% | $149,673-47.0% | $80,160-1.1% |
| Participation rate | 93.4% | 64.3%+29.1pp | 78.8%+14.7pp | 72.9%+20.5pp |
| Annual return | 16.59% | 29.82%-13.2pp | 134.42%-117.8pp | 40.38%-23.8pp |
| Employer contribution / active EE | $0 | $1,865-100.0% | $4,818-100.0% | $2,978-100.0% |
| Participant deferral / active EE | $7,866 | $3,194+146.3% | $5,680+38.5% | $5,017+56.8% |
| Admin fee / account holder | $125 | $153-18.0% | $13,210-99.1% | $145-13.6% |