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 | $63,191 |
PARK AVENUE SECURITIES LLC3 years Service code 49 · EIN 13-4023176 | Other Services | $21,254 |
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.)
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 | $66,018 | $74,706-11.6% | $75,696-12.8% | $79,386-16.8% |
| Participation rate | 94.3% | 75.3%+18.9pp | 74.8%+19.4pp | 70.7%+23.6pp |
| Annual return | 24.02% | 18.52%+5.5pp | 104.53%-80.5pp | 116.85%-92.8pp |
| Employer contribution / active EE | $6,393 | $2,590+146.9% | $2,743+133.1% | $2,427+163.4% |
| Participant deferral / active EE | $2,431 | $3,533-31.2% | $3,821-36.4% | $4,046-39.9% |
| Admin fee / account holder | $390 | $374+4.2% | $3,619-89.2% | $626-37.7% |