Filed October 19, 2016
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 15 · EIN 13-3689044 | Recordkeeping | $32,797 |
MMA SECURITIES LLC5 years Service code 16 · EIN 22-3570392 | Consulting | $23,172 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,411 | $77,314-12.8% | $177,989-62.1% | $80,856-16.6% |
| Participation rate | 86.4% | 65.7%+20.7pp | 77.1%+9.3pp | 67.6%+18.7pp |
| Annual return | 10.15% | 18.09%-7.9pp | 294.48%-284.3pp | 35.59%-25.4pp |
| Employer contribution / active EE | $2,709 | $2,292+18.2% | $3,949-31.4% | $2,755-1.6% |
| Participant deferral / active EE | $5,021 | $4,411+13.8% | $6,276-20.0% | $4,296+16.9% |
| Admin fee / account holder | $476 | $7,191-93.4% | $10,363-95.4% | $6,918-93.1% |