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 |
|---|---|---|
MERIDIAN TRUST & INVESTMENT COMPANY10+ years Service code 10 · EIN 62-1700796 | Accounting | $92,539 |
Filed as: EPIC ADVISOR, INC. Service code 12 · EIN 16-1450952 | Account maintenance fees; Claims proc... | $17,665 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,455 | $73,360+1.5% | $177,989-58.2% | $74,495-0.1% |
| Participation rate | 68.9% | 66.6%+2.3pp | 77.1%-8.2pp | 67.2%+1.7pp |
| Annual return | 23.41% | 17.49%+5.9pp | 294.48%-271.1pp | 1364.94%-1341.5pp |
| Employer contribution / active EE | $2,341 | $2,216+5.6% | $3,949-40.7% | $2,623-10.8% |
| Participant deferral / active EE | $3,796 | $4,513-15.9% | $6,276-39.5% | $4,346-12.7% |
| Admin fee / account holder | $612 | $1,808-66.1% | $10,363-94.1% | $1,942-68.5% |