Filed February 4, 2021 (most recent of 3 filings on file)
Total covered: 29 employees
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 |
|---|---|---|
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $23,452 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$11,846 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
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 | $51,857 | $53,684-3.4% | $170,442-69.6% | $80,976-36.0% |
| Participation rate | 36.4% | 69.2%-32.8pp | 83.6%-47.2pp | 68.3%-31.8pp |
| Annual return | 19.87% | 25.97%-6.1pp | 205.93%-186.1pp | 22.91%-3.0pp |
| Employer contribution / active EE | $0 | $1,642-100.0% | $5,433-100.0% | $2,402-100.0% |
| Participant deferral / active EE | $2,522 | $3,017-16.4% | $4,939-48.9% | $3,848-34.5% |
| Admin fee / account holder | $14 | $46-70.9% | $13,880-99.9% | $67-80.0% |