Filed November 11, 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 7-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 | $52,971 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $23,168 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The opinion is qualified. A specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,481 | $91,407-54.6% | $135,903-69.5% | $71,457-41.9% |
| Participation rate | 97.2% | 75.7%+21.5pp | 81.9%+15.3pp | 67.9%+29.2pp |
| Annual return | 22.04% | 29.90%-7.9pp | 68.23%-46.2pp | 28.85%-6.8pp |
| Employer contribution / active EE | $4,843 | $3,703+30.8% | $4,856-0.3% | $2,588+87.2% |
| Participant deferral / active EE | $7,350 | $7,092+3.6% | $7,758-5.3% | $4,289+71.4% |
| Admin fee / account holder | $378 | $1,266-70.1% | $10,762-96.5% | $1,587-76.2% |