Filed April 28, 2021
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 13 · EIN 42-0127290 | Contract Administrator | $45,802 |
EQUITY SERVICES INC3 years Filed as: EQUITY SERVICES, INC. Service code 49 · EIN 03-0221141 | Other Services | $9,052 |
Filed as: ATLANTIC PENSION SERVICES, INC Service code 13 · EIN 23-2942715 | Contract Administrator | $4,100 |
Service code 13 | Contract Administrator | $1,388 |
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 | $56,572 | $71,516-20.9% | $98,439-42.5% | $71,457-20.8% |
| Participation rate | 58.7% | 72.7%-14.0pp | 75.2%-16.5pp | 67.9%-9.3pp |
| Annual return | 15.25% | 32.41%-17.2pp | 21.16%-5.9pp | 28.85%-13.6pp |
| Employer contribution / active EE | $688 | $2,399-71.3% | $3,048-77.4% | $2,588-73.4% |
| Participant deferral / active EE | $2,784 | $4,109-32.2% | $4,738-41.2% | $4,289-35.1% |
| Admin fee / account holder | $339 | $1,675-79.7% | $8,948-96.2% | $1,587-78.6% |