Filed August 20, 2021
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 4-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 |
|---|---|---|
Service code 15 · EIN 48-1205033 | Recordkeeping | $15,439 |
PENSIONMARK FINANCIAL GROUP LLC1+ years Filed as: PENSIONMARK FINANCIAL GROUP, LLC Service code 27 7455 ARROYO CROSSING PKWY · LAS VEGAS, NV 891134086 | Advisory (Plan) | $13,789 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $10,432 | $61,156-82.9% | $185,823-94.4% | $79,386-86.9% |
| Participation rate | 91.4% | 66.6%+24.8pp | 81.7%+9.7pp | 70.7%+20.7pp |
| Annual return | 39.54% | 19.45%+20.1pp | 122.05%-82.5pp | 116.85%-77.3pp |
| Employer contribution / active EE | $0 | $2,321-100.0% | $5,167-100.0% | $2,427-100.0% |
| Participant deferral / active EE | $1,764 | $2,789-36.8% | $5,568-68.3% | $4,046-56.4% |
| Admin fee / account holder | $98 | $710-86.2% | $16,237-99.4% | $626-84.3% |