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 | Account maintenance fees; Recordkeepi... | $103,997 |
BEACON POINTE ADVISORS LLC2 years Service code 16 · EIN 27-0636826 | Consulting | $45,072 |
Filed as: MUTUAL OF AMERICA Service code 12 · EIN 95-1644018 | Recordkeeping and information managem... | $1,575 |
NATIONAL FINANCIAL SERVICES8 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.
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 | $38,176 | $48,698-21.6% | $93,606-59.2% | $199,593-80.9% |
| Participation rate | 38.4% | 63.5%-25.2pp | 68.7%-30.3pp | 72.0%-33.6pp |
| Annual return | 12.64% | 15.34%-2.7pp | 133.20%-120.6pp | 34.25%-21.6pp |
| Employer contribution / active EE | $438 | $1,135-61.4% | $2,420-81.9% | $3,034-85.6% |
| Participant deferral / active EE | $1,030 | $2,817-63.4% | $4,411-76.7% | $5,087-79.8% |
| Admin fee / account holder | $182 | $195-6.8% | $8,285-97.8% | $269-32.4% |