See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
SUMMIT FINANCIAL CORPORATION3+ years Service code 13 700 DISTRICT AVE · BURLINGTON, MA 01803 | Contract Administrator | $22,650 |
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $12,211 |
COMMONWEALTH FINANCIAL NETWORK3+ years Service code 33 ONE UNIVERSITY PARK · WALTHAM, MA 024533483 | Other fees; Securities brokerage | $7,200 |
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 | $82,105 | $58,726+39.8% | $92,233-11.0% | $62,292+31.8% |
| Participation rate | 78.8% | 68.3%+10.5pp | 76.5%+2.4pp | 69.5%+9.3pp |
| Annual return | 18.57% | 43.62%-25.0pp | 176.28%-157.7pp | 28.90%-10.3pp |
| Employer contribution / active EE | $0 | $2,392-100.0% | $3,679-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $5,605 | $2,766+102.7% | $3,897+43.8% | $3,169+76.9% |
| Admin fee / account holder | $364 | $556-34.5% | $5,194-93.0% | $479-24.0% |