Filed February 15, 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 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $49,617 |
Service code 49 · EIN 13-4023176 | Other Services | $15,895 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $45,758 | $60,795-24.7% | $69,455-34.1% | $65,185-29.8% |
| Participation rate | 87.1% | 74.9%+12.2pp | 74.6%+12.4pp | 70.2%+16.9pp |
| Annual return | 4.36% | 17.46%-13.1pp | 28.97%-24.6pp | 29.38%-25.0pp |
| Employer contribution / active EE | $2,158 | $2,452-12.0% | $2,779-22.3% | $2,177-0.8% |
| Participant deferral / active EE | $2,627 | $3,162-16.9% | $3,535-25.7% | $3,514-25.2% |
| Admin fee / account holder | $328 | $314+4.7% | $3,839-91.4% | $847-61.2% |