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: INDEPENDENT FINANCIAL GROUP Service code 26 250 NORTH WESTLAKE BOULEVARD · WESTLAKE VILLAGE, CA 91362 | Advisory (Participants) | $5,892 |
Service code 12 · EIN 84-1477138 | Participant communication; Claims pro... | $3,979 |
NEWPORT GROUP, INC.1 year Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Custodial (other than securities); In... | $2,385 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $45,076 | $71,192-36.7% | $117,854-61.8% | $62,292-27.6% |
| Participation rate | 62.6% | 74.2%-11.6pp | 79.7%-17.1pp | 69.5%-6.9pp |
| Annual return | 15.55% | 18.66%-3.1pp | 335.08%-319.5pp | 28.90%-13.3pp |
| Employer contribution / active EE | $899 | $1,934-53.5% | $3,786-76.3% | $2,042-56.0% |
| Participant deferral / active EE | $2,270 | $3,189-28.8% | $4,482-49.3% | $3,169-28.4% |
| Admin fee / account holder | $125 | $587-78.7% | $8,020-98.4% | $479-73.9% |