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 | $107,845 |
BCG SECURITIES9+ years Service code 27 · EIN 23-1664237 | Advisory (Plan) | $101,163 |
EISNERAMPER LLP9+ years Service code 10 · EIN 87-1363769 | Accounting | $37,700 |
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $20,527 |
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 | $113,702 | $84,784+34.1% | $98,439+15.5% | $74,419+52.8% |
| Participation rate | 95.3% | 81.5%+13.8pp | 75.2%+20.2pp | 70.7%+24.6pp |
| Annual return | 19.50% | 20.59%-1.1pp | 21.16%-1.7pp | 34.38%-14.9pp |
| Employer contribution / active EE | $2,896 | $3,364-13.9% | $3,048-5.0% | $2,637+9.8% |
| Participant deferral / active EE | $8,185 | $5,218+56.9% | $4,738+72.8% | $4,528+80.8% |
| Admin fee / account holder | $334 | $204+63.2% | $8,948-96.3% | $348-4.0% |