Filed September 14, 2020
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 |
|---|---|---|
OAKBOURNE ADVISORS1 year Service code 72 · EIN 13-4264898 1605 COUNTRY ROAD 51 · HACKETTSTOWN, NJ 07840 | Other investment fees and expenses | $27,184 |
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-4411131 | Contract Administrator | $12,842 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,519 | $104,475-41.1% | $159,436-61.4% | $79,386-22.5% |
| Participation rate | 67.2% | 76.6%-9.4pp | 82.8%-15.6pp | 70.7%-3.5pp |
| Annual return | 18.49% | 67.95%-49.5pp | 263.57%-245.1pp | 116.85%-98.4pp |
| Employer contribution / active EE | $2,645 | $3,417-22.6% | $4,829-45.2% | $2,427+9.0% |
| Participant deferral / active EE | $4,704 | $6,467-27.3% | $7,352-36.0% | $4,046+16.3% |
| Admin fee / account holder | $400 | $711-43.7% | $10,799-96.3% | $626-36.1% |