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 ADVISORS5 years Service code 27 2 WEST MARKET ST · WEST CHESTER, PA 19382 | Advisory (Plan) | $52,226 |
NEWPORT GROUP, INC.5 years Service code 15 · EIN 27-2037969 | Recordkeeping | $25,007 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,038 | $100,923-10.8% | $150,045-40.0% | $74,304+21.2% |
| Participation rate | 70.6% | 70.1%+0.6pp | 82.3%-11.7pp | 60.3%+10.3pp |
| Annual return | 20.75% | 51.77%-31.0pp | 62.55%-41.8pp | 29.43%-8.7pp |
| Employer contribution / active EE | $3,072 | $3,463-11.3% | $4,693-34.5% | $2,241+37.1% |
| Participant deferral / active EE | $5,525 | $6,709-17.7% | $7,997-30.9% | $3,767+46.7% |
| Admin fee / account holder | $439 | $2,767-84.1% | $13,435-96.7% | $2,969-85.2% |