Filed November 16, 2018
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 13 · EIN 42-0127290 | Contract Administrator | $23,947 |
BARTH FINANCIAL ADVISORS1 year Service code 27 · EIN 33-0780120 | Advisory (Plan) | $6,011 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $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.
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 | $16,667 | $62,928-73.5% | $172,739-90.4% | $67,579-75.3% |
| Participation rate | 30.0% | 64.5%-34.5pp | 82.6%-52.6pp | 71.3%-41.3pp |
| Annual return | 18.29% | 30.36%-12.1pp | 802.84%-784.5pp | 378.56%-360.3pp |
| Employer contribution / active EE | $420 | $1,636-74.3% | $5,143-91.8% | $2,148-80.4% |
| Participant deferral / active EE | $629 | $2,145-70.7% | $5,198-87.9% | $3,539-82.2% |
| Admin fee / account holder | $249 | $167+49.7% | $13,954-98.2% | $142+75.3% |