Filed November 15, 2018
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 |
|---|---|---|
DAVENPORT & COMPANY LLC5 years Filed as: DAVENPORT AND COMPANY LLC Service code 27 901 E CARY STREET, SUITE 1100 · RICHMOND, VA 23219 | Advisory (Plan) | $11,807 |
THE VANGUARD GROUP, INC.11+ years Service code 37 · EIN 23-1945930 | Loan Processing | $5,535 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,408 | $84,556-54.6% | $116,228-67.0% | $74,304-48.3% |
| Participation rate | 47.1% | 66.0%-18.9pp | 74.6%-27.5pp | 60.3%-13.3pp |
| Annual return | 16.83% | 18.35%-1.5pp | 90.06%-73.2pp | 29.43%-12.6pp |
| Employer contribution / active EE | $481 | $2,168-77.8% | $2,994-83.9% | $2,241-78.6% |
| Participant deferral / active EE | $1,777 | $3,814-53.4% | $4,953-64.1% | $3,767-52.8% |
| Admin fee / account holder | $133 | $3,792-96.5% | $11,989-98.9% | $2,969-95.5% |