Filed November 17, 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 |
|---|---|---|
Filed as: FIDELITY WORKPLACE SERVICES, LLC Service code 14 · EIN 04-3532603 | Plan Administrator | $33,224 |
CETERA ADVISOR NETWORKS LLC2 years Filed as: CETERA INVESTMENT ADVISORS LLC Service code 27 · EIN 36-3258176 | Advisory (Plan) | $21,602 |
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 | $248,072 | $100,923+145.8% | $150,045+65.3% | $74,304+233.9% |
| Participation rate | 89.9% | 70.1%+19.9pp | 82.3%+7.6pp | 60.3%+29.6pp |
| Annual return | 17.45% | 51.77%-34.3pp | 62.55%-45.1pp | 29.43%-12.0pp |
| Employer contribution / active EE | $2,295 | $3,463-33.7% | $4,693-51.1% | $2,241+2.4% |
| Participant deferral / active EE | $11,871 | $6,709+76.9% | $7,997+48.4% | $3,767+215.1% |
| Admin fee / account holder | $303 | $2,767-89.1% | $13,435-97.7% | $2,969-89.8% |