Filed April 20, 2018
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $11,775 |
Service code 14 · EIN 20-3039384 3251 ESPLANADE · CHICO, CA 95973 | Plan Administrator | $10,768 |
LINCOLN NATIONAL CORPORATION2 years Service code 13 · EIN 35-1140070 | Contract Administrator | $650 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,250 | $55,453-76.1% | $170,442-92.2% | $62,292-78.7% |
| Participation rate | 75.2% | 66.4%+8.8pp | 83.6%-8.4pp | 69.5%+5.6pp |
| Annual return | 16.57% | 21.38%-4.8pp | 205.93%-189.4pp | 28.90%-12.3pp |
| Employer contribution / active EE | $735 | $2,164-66.0% | $5,433-86.5% | $2,042-64.0% |
| Participant deferral / active EE | $2,902 | $2,303+26.0% | $4,939-41.3% | $3,169-8.4% |
| Admin fee / account holder | $97 | $455-78.7% | $13,880-99.3% | $479-79.8% |