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 CORPORATION6+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $211,470 |
CAPFINANCIAL PARTNERS LLC2 years Filed as: CAPFINANCIAL PARTNERS Service code 13 · EIN 26-0058143 | Contract Administrator | $55,581 |
EISNERAMPER LLP4 years Service code 10 · EIN 87-1363769 | Accounting | $18,900 |
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 | $128,191 | $52,525+144.1% | $117,472+9.1% | $77,904+64.5% |
| Participation rate | 23.4% | 61.6%-38.2pp | 70.6%-47.2pp | 73.7%-50.3pp |
| Annual return | -13.29% | -13.76%+0.5pp | 29.74%-43.0pp | 12.21%-25.5pp |
| Employer contribution / active EE | $308 | $2,166-85.8% | $4,176-92.6% | $2,848-89.2% |
| Participant deferral / active EE | $1,924 | $3,087-37.7% | $4,070-52.7% | $4,806-60.0% |
| Admin fee / account holder | $633 | $99+537.4% | $5,645-88.8% | $133+377.3% |