Filed January 19, 2024
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 |
|---|---|---|
STANCORP FINANCIAL GROUP3+ years Service code 12 · EIN 93-1253576 | Direct payment from the plan; Custodi... | $15,263 |
Filed as: INDEPENDENT FINANCIAL GROUP, LLC Service code 27 · EIN 71-0927304 | Advisory (Plan) | $5,695 |
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $15,223 | $55,453-72.5% | $170,442-91.1% | $62,292-75.6% |
| Participation rate | 43.5% | 66.4%-22.9pp | 83.6%-40.1pp | 69.5%-26.0pp |
| Annual return | 25.29% | 21.38%+3.9pp | 205.93%-180.6pp | 28.90%-3.6pp |
| Employer contribution / active EE | $190 | $2,164-91.2% | $5,433-96.5% | $2,042-90.7% |
| Participant deferral / active EE | $1,126 | $2,303-51.1% | $4,939-77.2% | $3,169-64.5% |
| Admin fee / account holder | $203 | $455-55.3% | $13,880-98.5% | $479-57.5% |