Filed September 19, 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 37 · EIN 04-2647786 | Loan Processing | $124,293 |
BCG SECURITIES8+ years Service code 27 · EIN 23-1664237 | Advisory (Plan) | $114,514 |
EISNERAMPER LLP8+ years Service code 10 · EIN 87-1363769 | Accounting | $25,800 |
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $19,919 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported that benefits due were not provided when due.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,890 | $81,908+12.2% | $90,749+1.3% | $64,808+41.8% |
| Participation rate | 97.1% | 80.5%+16.6pp | 75.7%+21.4pp | 71.5%+25.6pp |
| Annual return | -16.88% | -12.53%-4.3pp | -12.16%-4.7pp | 32.82%-49.7pp |
| Employer contribution / active EE | $2,081 | $3,065-32.1% | $2,921-28.8% | $2,506-17.0% |
| Participant deferral / active EE | $8,383 | $4,840+73.2% | $4,564+83.7% | $4,310+94.5% |
| Admin fee / account holder | $315 | $157+100.3% | $8,445-96.3% | $188+67.6% |