Filed June 4, 2019
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 |
|---|---|---|
Filed as: GREAT-WEST TRUST COMPANY, LLC (NY) Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $200,830 |
Filed as: FIDUCIARY PLAN CONSULTANTS LLC HIGH Service code 27 · EIN 47-1186155 | Advisory (Plan) | $48,750 |
HIGHTOWER ADVISORS LLC2 years Service code 27 · EIN 36-4500709 | Advisory (Plan) | $16,250 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $22,538 | $89,569-74.8% | $130,648-82.7% | $89,569-74.8% |
| Participation rate | 25.7% | 69.6%-43.8pp | 71.7%-46.0pp | 69.6%-43.8pp |
| Annual return | 21.46% | 34.56%-13.1pp | 1708.96%-1687.5pp | 34.56%-13.1pp |
| Employer contribution / active EE | $188 | $2,584-92.7% | $4,092-95.4% | $2,584-92.7% |
| Participant deferral / active EE | $1,220 | $4,220-71.1% | $3,603-66.1% | $4,220-71.1% |
| Admin fee / account holder | $62 | $72-14.0% | $5,464-98.9% | $72-14.0% |