Filed December 11, 2017
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 9-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 | $105,531 |
PBMARES, LLP3 years Service code 49 · EIN 54-0737372 | Other Services | $4,736 |
Filed as: CHARLES SCHWAB & CO, INC Service code 33 · EIN 94-1737782 | Direct payment from the plan; Securit... | $20 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,364 | $91,407-12.1% | $135,903-40.9% | $71,457+12.5% |
| Participation rate | 69.6% | 75.7%-6.0pp | 81.9%-12.3pp | 67.9%+1.7pp |
| Annual return | 36.71% | 29.90%+6.8pp | 68.23%-31.5pp | 28.85%+7.9pp |
| Employer contribution / active EE | $3,521 | $3,703-4.9% | $4,856-27.5% | $2,588+36.1% |
| Participant deferral / active EE | $7,902 | $7,092+11.4% | $7,758+1.9% | $4,289+84.2% |
| Admin fee / account holder | $498 | $1,266-60.7% | $10,762-95.4% | $1,587-68.6% |