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 | Recordkeeping and information managem... | $45,493 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 26 · EIN 47-1411118 | Advisory (Participants) | $32,344 |
Filed as: MUTUAL OF AMERICA Service code 12 · EIN 95-1644018 | Account maintenance fees; Claims proc... | $1,351 |
NATIONAL FINANCIAL SERVICES6 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.
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 | $25,648 | $39,973-35.8% | $79,550-67.8% | $77,904-67.1% |
| Participation rate | 44.4% | 64.6%-20.2pp | 69.5%-25.1pp | 73.7%-29.3pp |
| Annual return | -12.69% | 3.42%-16.1pp | 0.16%-12.9pp | 12.21%-24.9pp |
| Employer contribution / active EE | $443 | $1,088-59.2% | $2,413-81.6% | $2,848-84.4% |
| Participant deferral / active EE | $1,034 | $2,774-62.7% | $3,985-74.1% | $4,806-78.5% |
| Admin fee / account holder | $85 | $113-24.4% | $6,832-98.8% | $133-35.6% |