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 CORPORATION5+ years Service code 13 300 BALLARDVALE STREET · WILMINGTON, MA 01887 | Contract Administrator | $29,722 |
NATIONWIDE5+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $12,201 |
COMMONWEALTH FINANCIAL NETWORK5+ years Service code 33 ONE UNIVERSITY PARK · WALTHAM, MA 024533483 | Securities brokerage; Other fees | $9,810 |
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 | $102,647 | $65,365+57.0% | $92,893+10.5% | $72,985+40.6% |
| Participation rate | 79.8% | 68.3%+11.4pp | 76.0%+3.8pp | 69.5%+10.3pp |
| Annual return | 23.51% | 42.10%-18.6pp | 109.41%-85.9pp | 81.00%-57.5pp |
| Employer contribution / active EE | $0 | $2,594-100.0% | $3,653-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $10,505 | $3,128+235.8% | $4,236+148.0% | $3,607+191.2% |
| Admin fee / account holder | $436 | $4,251-89.7% | $5,794-92.5% | $5,124-91.5% |