Filed January 26, 2022
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 |
|---|---|---|
ROCKLAND TRUST4+ years Service code 27 2036 WASHINGTON ST · HANOVER, MA 02339 | Advisory (Plan) | $55,573 |
Filed as: ENDURANCE WEALTH MANAGEMENT INC Service code 28 · EIN 26-3105420 | Investment Management | $49,059 |
RSM US LLP4+ years Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674 | Accounting | $20,381 |
DERBY & COMPANY4+ years Service code 13 7 WELLS AVE · NEWTON, MA 02459 | Contract Administrator | $18,308 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $2,415 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $89,333 | $66,302+34.7% | $110,238-19.0% | $56,287+58.7% |
| Participation rate | 88.3% | 74.9%+13.4pp | 79.8%+8.5pp | 69.9%+18.5pp |
| Annual return | -3.22% | -1.18%-2.0pp | 314.74%-318.0pp | -9.96%+6.7pp |
| Employer contribution / active EE | $33 | $2,047-98.4% | $3,826-99.1% | $2,111-98.4% |
| Participant deferral / active EE | $3,913 | $3,381+15.7% | $4,672-16.3% | $3,350+16.8% |
| Admin fee / account holder | $631 | $698-9.7% | $8,547-92.6% | $521+21.1% |