Filed April 4, 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 13 · EIN 42-0127290 | Contract Administrator | $138,303 |
Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $65,067 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,340 | $86,225-1.0% | $146,665-41.8% | $86,799-1.7% |
| Participation rate | 94.0% | 78.0%+16.0pp | 80.1%+13.9pp | 72.3%+21.7pp |
| Annual return | 14.02% | 31.23%-17.2pp | 22.74%-8.7pp | 97.91%-83.9pp |
| Employer contribution / active EE | $2,674 | $2,392+11.8% | $4,136-35.4% | $2,405+11.1% |
| Participant deferral / active EE | $4,231 | $4,245-0.3% | $5,506-23.2% | $4,131+2.4% |
| Admin fee / account holder | $310 | $195+58.8% | $10,280-97.0% | $170+82.9% |