Filed February 25, 2016 (most recent of 3 filings on file)
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 |
|---|---|---|
FULTON FINANCIAL ADVISORS4+ years Service code 15 · EIN 23-1928421 | Recordkeeping | $31,110 |
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 declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,980 | $47,977+22.9% | $154,107-61.7% | $56,287+4.8% |
| Participation rate | 33.2% | 66.2%-33.0pp | 83.0%-49.9pp | 69.9%-36.7pp |
| Annual return | -5.82% | 3.54%-9.4pp | 735.12%-740.9pp | -9.96%+4.1pp |
| Employer contribution / active EE | $434 | $2,169-80.0% | $5,298-91.8% | $2,111-79.4% |
| Participant deferral / active EE | $1,200 | $2,392-49.8% | $5,081-76.4% | $3,350-64.2% |
| Admin fee / account holder | $346 | $438-21.1% | $13,411-97.4% | $521-33.6% |