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 46-0127290 | Contract Administrator | $64,131 |
PARK AVENUE SECURITIES LLC2 years Filed as: PARK AVENUE SECURITIES Service code 49 · EIN 13-4023176 | Other Services | $18,597 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,235 | $65,557+13.2% | $64,056+15.9% | $71,457+3.9% |
| Participation rate | 88.6% | 73.2%+15.5pp | 72.3%+16.3pp | 67.9%+20.7pp |
| Annual return | 8.61% | 18.94%-10.3pp | 33.69%-25.1pp | 28.85%-20.2pp |
| Employer contribution / active EE | $6,136 | $2,669+129.9% | $2,747+123.4% | $2,588+137.1% |
| Participant deferral / active EE | $2,952 | $3,626-18.6% | $3,880-23.9% | $4,289-31.2% |
| Admin fee / account holder | $408 | $616-33.7% | $3,068-86.7% | $1,587-74.3% |