Filed May 6, 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 |
|---|---|---|
Service code 10 · EIN 62-1700796 | Accounting | $52,238 |
Filed as: EPIC ADVISOR, INC. Service code 12 · EIN 16-1450952 | Direct payment from the plan; Claims ... | $16,709 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $39,621 | $56,972-30.5% | $182,532-78.3% | $65,185-39.2% |
| Participation rate | 72.0% | 66.5%+5.5pp | 78.0%-6.0pp | 70.2%+1.8pp |
| Annual return | 19.86% | 27.67%-7.8pp | 148.54%-128.7pp | 29.38%-9.5pp |
| Employer contribution / active EE | $1,758 | $1,615+8.9% | $4,076-56.9% | $2,177-19.2% |
| Participant deferral / active EE | $2,837 | $3,526-19.6% | $5,524-48.6% | $3,514-19.3% |
| Admin fee / account holder | $319 | $528-39.5% | $8,592-96.3% | $847-62.3% |