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 | $132,176 |
PBMARES, LLP4 years Service code 49 · EIN 54-0737372 | Other Services | $5,494 |
Filed as: WILSHIRE ADVISORS LLC 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 | $96,842 | $101,317-4.4% | $146,958-34.1% | $74,495+30.0% |
| Participation rate | 66.0% | 75.5%-9.6pp | 82.2%-16.2pp | 67.2%-1.2pp |
| Annual return | 24.73% | 8730.91%-8706.2pp | 418.34%-393.6pp | 1364.94%-1340.2pp |
| Employer contribution / active EE | $3,393 | $3,810-11.0% | $4,933-31.2% | $2,623+29.3% |
| Participant deferral / active EE | $7,523 | $7,303+3.0% | $8,070-6.8% | $4,346+73.1% |
| Admin fee / account holder | $601 | $1,739-65.4% | $12,998-95.4% | $1,942-69.0% |