Filed May 28, 2024 (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 |
|---|---|---|
Filed as: PENSIONMARK FINANCIAL GROUP, LLC Service code 15 · EIN 61-1758632 | Recordkeeping | $22,472 |
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $18,538 |
ADP BROKER-DEALER4 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,515 | $130,194-65.8% | $169,993-73.8% | $71,457-37.7% |
| Participation rate | 94.9% | 86.1%+8.7pp | 87.0%+7.9pp | 67.9%+26.9pp |
| Annual return | 16.92% | 20.37%-3.4pp | 53.37%-36.5pp | 28.85%-11.9pp |
| Employer contribution / active EE | $3,548 | $4,381-19.0% | $6,785-47.7% | $2,588+37.1% |
| Participant deferral / active EE | $3,264 | $6,923-52.9% | $10,408-68.6% | $4,289-23.9% |
| Admin fee / account holder | $247 | $966-74.4% | $12,815-98.1% | $1,587-84.4% |