Filed July 8, 2016 (most recent of 6 filings on file)
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 26 · EIN 04-2675571 29 SAWYER ROAD · WALTHAM, MA 02453 | Advisory (Participants) | $66,928 |
PAYCHEX, INC.9 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $41,719 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $200,648 | $96,484+108.0% | $156,263+28.4% | $74,304+170.0% |
| Participation rate | 99.2% | 67.7%+31.5pp | 78.9%+20.2pp | 60.3%+38.8pp |
| Annual return | 16.38% | 17.73%-1.4pp | 59.47%-43.1pp | 29.43%-13.1pp |
| Employer contribution / active EE | $5,703 | $2,528+125.5% | $4,333+31.6% | $2,241+154.5% |
| Participant deferral / active EE | $10,055 | $4,286+134.6% | $6,158+63.3% | $3,767+166.9% |
| Admin fee / account holder | $761 | $3,728-79.6% | $14,255-94.7% | $2,969-74.4% |