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 TRUST9+ years Service code 27 2036 WASHINGTON ST · HANOVER, MA 02339 | Advisory (Plan) | $62,159 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $39,578 |
RSM US LLP5 years Filed as: MCGLADREY LLP Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674 | Accounting | $18,900 |
Service code 99 3071 PEARL ROAD · MEDINA, OH 44256 | Other Fees | $400 |
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 | $144,956 | $91,372+58.6% | $129,995+11.5% | $74,419+94.8% |
| Participation rate | 80.9% | 77.8%+3.1pp | 78.5%+2.4pp | 70.7%+10.1pp |
| Annual return | 17.53% | 23.21%-5.7pp | -137.18%+154.7pp | 34.38%-16.8pp |
| Employer contribution / active EE | $9,712 | $2,563+278.9% | $4,320+124.8% | $2,637+268.3% |
| Participant deferral / active EE | $4,910 | $4,721+4.0% | $5,820-15.6% | $4,528+8.4% |
| Admin fee / account holder | $466 | $283+64.3% | $10,614-95.6% | $348+33.8% |