Filed May 29, 2019 (most recent of 3 filings on file)
Total covered: 115 employees
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: MERRILL LYNCH Service code 27 · EIN 13-5674085 | Advisory (Plan) | $61,500 |
Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907 | Recordkeeping | $19,997 |
BONADIO & CO., LLP3+ years Filed as: BONADIO & COMPANY, LLP Service code 49 · EIN 16-1131146 | Other Services | $17,000 |
RELIANCE TRUST COMPANY3+ years Service code 19 · EIN 58-1428634 | Securities Custodian | $0 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$17,529 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,540 | $96,458-33.1% | $136,294-52.6% | $77,958-17.2% |
| Participation rate | 52.0% | 75.4%-23.4pp | 81.9%-29.9pp | 71.6%-19.6pp |
| Annual return | 16.31% | 23.78%-7.5pp | 5155.94%-5139.6pp | 20.87%-4.6pp |
| Employer contribution / active EE | $0 | $3,144-100.0% | $4,695-100.0% | $2,310-100.0% |
| Participant deferral / active EE | $4,086 | $5,902-30.8% | $6,247-34.6% | $3,537+15.5% |
| Admin fee / account holder | $36 | $80-55.4% | $9,243-99.6% | $97-63.1% |