Filed October 26, 2017
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 8-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 |
|---|---|---|
LINCOLN NATIONAL CORPORATION5+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $218,165 |
Filed as: CAPFINANCIAL PARTNERS Service code 13 · EIN 26-0058143 | Contract Administrator | $40,572 |
EISNERAMPER LLP3 years Service code 10 · EIN 87-1363769 | Accounting | $17,000 |
CAMMACK LARHETTE ADVISORS4 years Filed as: CAMMACK LARHETTE ADVISORS LLC Service code 16 · EIN 20-4668732 | Consulting | $13,390 |
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.
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 | $153,256 | $62,723+144.3% | $142,863+7.3% | $86,799+76.6% |
| Participation rate | 34.4% | 62.6%-28.2pp | 71.9%-37.5pp | 72.3%-37.9pp |
| Annual return | 13.19% | 17.62%-4.4pp | 5637.54%-5624.3pp | 97.91%-84.7pp |
| Employer contribution / active EE | $216 | $1,627-86.7% | $4,144-94.8% | $2,405-91.0% |
| Participant deferral / active EE | $1,829 | $3,039-39.8% | $3,837-52.3% | $4,131-55.7% |
| Admin fee / account holder | $659 | $140+371.9% | $6,560-90.0% | $170+288.4% |