Filed August 7, 2017
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
ADVISORNET FINANCIAL2 years Service code 26 · EIN 41-1378662 110 CHESHIRE LANE SUITE 200 · MINNETONKA, MN 55305 | Advisory (Participants) | $77,749 |
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $25,390 |
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 | $125,363 | $79,013+58.7% | $100,391+24.9% | $74,495+68.3% |
| Participation rate | 95.1% | 79.5%+15.6pp | 81.5%+13.6pp | 67.2%+27.9pp |
| Annual return | 14.29% | 20.41%-6.1pp | 49.20%-34.9pp | 1364.94%-1350.7pp |
| Employer contribution / active EE | $2,914 | $3,021-3.5% | $3,942-26.1% | $2,623+11.1% |
| Participant deferral / active EE | $8,199 | $7,760+5.7% | $8,082+1.4% | $4,346+88.7% |
| Admin fee / account holder | $378 | $1,320-71.3% | $7,899-95.2% | $1,942-80.5% |