Filed May 6, 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 |
|---|---|---|
PCS RETIREMENT, LLC1 year Service code 13 · EIN 23-3038464 | Contract Administrator | $18,050 |
Filed as: NORTHEAST ADVISORY GROUP, LLC Service code 26 428 LACKAWANNA AVE · SCRANTON, PA 18503 | Advisory (Participants) | $8,004 |
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.)
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 | $35,574 | $65,061-45.3% | $143,757-75.3% | $66,914-46.8% |
| Participation rate | 30.3% | 65.2%-34.9pp | 80.3%-50.0pp | 69.8%-39.5pp |
| Annual return | -19.30% | -11.14%-8.2pp | -0.04%-19.3pp | 1.58%-20.9pp |
| Employer contribution / active EE | $850 | $2,361-64.0% | $4,951-82.8% | $2,544-66.6% |
| Participant deferral / active EE | $956 | $2,919-67.2% | $5,637-83.0% | $4,237-77.4% |
| Admin fee / account holder | $434 | $502-13.5% | $14,673-97.0% | $593-26.8% |