Filed July 25, 2023 (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 49 · EIN 04-1590850 | Other Services | $120,361 |
Filed as: RESOURCES INVESTMENT ADVISORS INC Service code 27 · EIN 43-1451524 | Advisory (Plan) | $35,000 |
UHY LLP4 years Filed as: UHY LLP MI Service code 10 · EIN 20-0694403 | Accounting | $19,440 |
UHY LLP3 years Service code 10 · EIN 20-0694403 | Accounting | $5,560 |
AMERICAN FUNDS4 years Service code 52 · EIN 95-1411037 | Indirect Investment Fees | $0 |
INVESCO2 years Service code 52 · EIN 94-2362417 | Indirect Investment Fees | $0 |
MFS INVESTMENT MANAGEMENT4 years Service code 52 · EIN 04-3158862 | Indirect Investment Fees | $0 |
PRINCIPAL INVESTORS4 years Service code 52 · EIN 91-1801401 | Indirect Investment Fees | $0 |
T ROWE PRICE RPS INC4 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-1424600 | Indirect Investment Fees | $0 |
THE VANGUARD GROUP, INC.4 years Filed as: VANGUARD Service code 52 · EIN 23-1999755 | Indirect Investment Fees | $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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $38,672 | $97,018-60.1% | $149,696-74.2% | $106,222-63.6% |
| Participation rate | 8.4% | 67.0%-58.6pp | 82.5%-74.1pp | 70.8%-62.4pp |
| Annual return | 17.28% | 24.13%-6.9pp | 276.60%-259.3pp | 21.69%-4.4pp |
| Employer contribution / active EE | $0 | $2,520-100.0% | $4,644-100.0% | $2,723-100.0% |
| Participant deferral / active EE | $318 | $5,988-94.7% | $6,842-95.4% | $4,600-93.1% |
| Admin fee / account holder | $120 | $72+65.8% | $9,309-98.7% | $78+52.5% |