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 TRUST5+ years Service code 27 2036 WASHINGTON ST · HANOVER, MA 02339 | Advisory (Plan) | $45,475 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $30,590 |
RSM US LLP1 year Filed as: MCGLADREY LLP Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674 | Accounting | $29,667 |
DERBY & COMPANY5+ years Service code 13 7 WELLS AVE · NEWTON, MA 02459 | Contract Administrator | $680 |
Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $465 |
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 | $104,521 | $86,332+21.1% | $125,175-16.5% | $65,185+60.3% |
| Participation rate | 81.5% | 75.3%+6.2pp | 79.8%+1.7pp | 70.2%+11.3pp |
| Annual return | 18.50% | 27.43%-8.9pp | 43.79%-25.3pp | 29.38%-10.9pp |
| Employer contribution / active EE | $6,405 | $2,040+214.0% | $3,865+65.7% | $2,177+194.3% |
| Participant deferral / active EE | $3,821 | $3,537+8.0% | $4,937-22.6% | $3,514+8.7% |
| Admin fee / account holder | $534 | $609-12.3% | $9,702-94.5% | $847-36.9% |