Filed January 29, 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 |
|---|---|---|
NATIONWIDE5+ years Service code 37 · EIN 31-1592180 | Loan Processing | $98,831 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $159 |
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 | $116,896 | $50,175+133.0% | $99,443+17.6% | $65,185+79.3% |
| Participation rate | 73.9% | 68.4%+5.5pp | 73.8%+0.1pp | 70.2%+3.7pp |
| Annual return | 21.22% | 25.36%-4.1pp | 30.72%-9.5pp | 29.38%-8.2pp |
| Employer contribution / active EE | $3,003 | $1,496+100.7% | $2,540+18.2% | $2,177+37.9% |
| Participant deferral / active EE | $5,210 | $2,748+89.6% | $3,619+44.0% | $3,514+48.3% |
| Admin fee / account holder | $716 | $398+80.2% | $6,250-88.5% | $847-15.4% |