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 CORPORATION7+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $206,803 |
CAPFINANCIAL PARTNERS LLC3 years Filed as: CAPFINANCIAL PARTNERS Service code 13 · EIN 26-0058143 | Contract Administrator | $55,306 |
EISNERAMPER LLP5 years Service code 10 · EIN 87-1363769 | Accounting | $19,950 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $151,842 | $57,570+163.8% | $121,098+25.4% | $80,160+89.4% |
| Participation rate | 26.5% | 58.8%-32.3pp | 69.5%-43.0pp | 72.9%-46.5pp |
| Annual return | 13.10% | 20.42%-7.3pp | 985.75%-972.6pp | 40.38%-27.3pp |
| Employer contribution / active EE | $317 | $2,119-85.0% | $4,164-92.4% | $2,978-89.4% |
| Participant deferral / active EE | $1,828 | $3,092-40.9% | $4,080-55.2% | $5,017-63.6% |
| Admin fee / account holder | $648 | $121+435.2% | $5,644-88.5% | $145+347.4% |