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 | $55,087 |
PARK AVENUE SECURITIES LLC2 years Service code 49 · EIN 13-4023176 | Other Services | $18,155 |
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 | $47,625 | $65,322-27.1% | $70,449-32.4% | $73,488-35.2% |
| Participation rate | 93.1% | 77.0%+16.1pp | 75.1%+18.0pp | 70.7%+22.4pp |
| Annual return | 5.94% | 15.71%-9.8pp | 109.03%-103.1pp | 28.51%-22.6pp |
| Employer contribution / active EE | $2,778 | $2,460+12.9% | $2,737+1.5% | $2,270+22.4% |
| Participant deferral / active EE | $2,374 | $3,375-29.7% | $3,709-36.0% | $3,740-36.5% |
| Admin fee / account holder | $330 | $214+54.1% | $3,845-91.4% | $513-35.7% |