Filed May 9, 2022 (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 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 12 · EIN 13-3689044 | Investment management; Participant co... | $37,276 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 26 · EIN 47-1411118 | Advisory (Participants) | $25,770 |
Filed as: MUTUAL OF AMERICA Service code 12 · EIN 95-1644018 | Account maintenance fees; Claims proc... | $2,754 |
NATIONAL FINANCIAL SERVICES3 years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
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.
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 | $28,082 | $40,113-30.0% | $84,015-66.6% | $77,787-63.9% |
| Participation rate | 0.0% | 62.8%-62.8pp | 69.0%-69.0pp | 73.2%-73.2pp |
| Annual return | 18.79% | 23.27%-4.5pp | 71.31%-52.5pp | 32.57%-13.8pp |
| Employer contribution / active EE | $350 | $847-58.6% | $1,983-82.3% | $2,504-86.0% |
| Participant deferral / active EE | $802 | $2,030-60.5% | $3,239-75.2% | $3,967-79.8% |
| Admin fee / account holder | $75 | $92-17.9% | $6,101-98.8% | $100-24.8% |