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; Finders' fees ... | $44,672 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 26 · EIN 47-1411118 | Advisory (Participants) | $32,501 |
Filed as: MUTUAL OF AMERICA Service code 12 · EIN 95-1644018 | Recordkeeping and information managem... | $2,232 |
NATIONAL FINANCIAL SERVICES5 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $27,597 | $48,166-42.7% | $96,562-71.4% | $93,030-70.3% |
| Participation rate | 48.8% | 65.1%-16.4pp | 69.8%-21.1pp | 73.9%-25.1pp |
| Annual return | 13.11% | 21.31%-8.2pp | 37.78%-24.7pp | 158.70%-145.6pp |
| Employer contribution / active EE | $200 | $1,070-81.4% | $2,356-91.5% | $2,706-92.6% |
| Participant deferral / active EE | $865 | $2,576-66.4% | $3,849-77.5% | $4,562-81.0% |
| Admin fee / account holder | $79 | $110-28.0% | $6,181-98.7% | $152-47.6% |