Filed November 24, 2020
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 |
|---|---|---|
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Service code 12 · EIN 13-3689044 | Claims processing; Direct payment fro... | $326,477 |
AON CONSULTING1 year Filed as: AON INVESTMENTS USA INC. Service code 27 · EIN 36-3109431 | Advisory (Plan) | $90,000 |
CROWELL WEEDON & CO4 years Service code 27 · EIN 81-0139474 | Advisory (Plan) | $6,736 |
CHARLES SCHWAB & CO., INC.9 years Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $580 |
CHARLES SCHWAB & CO., INC.2 years Service code 33 | Securities brokerage commissions and ... | $0 |
NATIONAL FINANCIAL SERVICES10+ years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The opinion is qualified. A specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $186,099 | $113,293+64.3% | $67,502+175.7% | $199,593-6.8% |
| Participation rate | 62.6% | 73.3%-10.7pp | 72.9%-10.2pp | 72.0%-9.3pp |
| Annual return | 13.51% | 15.88%-2.4pp | 3512.12%-3498.6pp | 34.25%-20.7pp |
| Employer contribution / active EE | $5,652 | $3,401+66.2% | $2,731+106.9% | $3,034+86.3% |
| Participant deferral / active EE | $6,030 | $4,159+45.0% | $4,000+50.8% | $5,087+18.5% |
| Admin fee / account holder | $148 | $103+44.7% | $3,998-96.3% | $269-44.8% |