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 | $63,504 |
Filed as: EPIC ADVISOR, INC. Service code 12 · EIN 16-1450952 | Claims processing; Recordkeeping and ... | $14,023 |
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.
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 | $45,640 | $62,132-26.5% | $185,823-75.4% | $73,488-37.9% |
| Participation rate | 72.0% | 67.8%+4.2pp | 78.0%-6.0pp | 70.7%+1.4pp |
| Annual return | 10.80% | 20.44%-9.6pp | 35.95%-25.2pp | 28.51%-17.7pp |
| Employer contribution / active EE | $1,929 | $1,681+14.8% | $4,087-52.8% | $2,270-15.0% |
| Participant deferral / active EE | $3,145 | $3,711-15.3% | $5,632-44.2% | $3,740-15.9% |
| Admin fee / account holder | $356 | $419-15.1% | $9,500-96.3% | $513-30.7% |