Filed May 17, 2023
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 |
|---|---|---|
CORNERSTONE ADVISORS ASSET MGMT8+ years Filed as: CORNERSTONE INSTITUTIONAL Service code 26 · EIN 27-2218037 | Advisory (Participants) | $0 |
Filed as: JOHN HANCOCK LIFE INS. CO. (U.S.A.) Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Filed as: PARAGON ALLIANCE GROUP, LLC Service code 17 · EIN 23-3044062 | Pension Consulting | $0 |
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 | $130,872 | $56,503+131.6% | $70,092+86.7% | $64,808+101.9% |
| Participation rate | 95.8% | 70.5%+25.4pp | 70.5%+25.4pp | 71.5%+24.4pp |
| Annual return | -17.03% | -13.44%-3.6pp | 190.73%-207.8pp | 32.82%-49.8pp |
| Employer contribution / active EE | $6,133 | $2,046+199.7% | $2,559+139.7% | $2,506+144.7% |
| Participant deferral / active EE | $5,848 | $3,389+72.6% | $3,849+51.9% | $4,310+35.7% |
| Admin fee / account holder | $505 | $160+214.7% | $6,267-91.9% | $188+168.7% |