Filed May 27, 2020
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 6-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 37 · EIN 04-2647786 | Loan Processing | $1,114,693 |
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $59,708 |
BARNES & THORNBURG LLP4 years Service code 16 · EIN 35-0900596 | Consulting | $39,045 |
COOK STREET CONSULTING1 year Filed as: COOK STREET CONSULTING, INC Service code 27 · EIN 84-0854432 | Advisory (Plan) | $30,750 |
BKD, LLP6+ years Service code 10 · EIN 44-0160260 | Accounting | $20,738 |
MILLIMAN, INC.6+ years Service code 27 · EIN 91-0675641 | Advisory (Plan) | $10,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported that benefits due were not provided when due.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,104 | $47,385-42.8% | $56,441-52.0% | $106,408-74.5% |
| Participation rate | 19.7% | 33.2%-13.5pp | 52.5%-32.8pp | 69.9%-50.2pp |
| Annual return | 10.62% | 17.29%-6.7pp | 1704.21%-1693.6pp | 17.37%-6.7pp |
| Employer contribution / active EE | $275 | $623-55.8% | $1,039-73.5% | $3,361-91.8% |
| Participant deferral / active EE | $535 | $1,440-62.9% | $1,953-72.6% | $5,567-90.4% |
| Admin fee / account holder | $132 | $78+68.9% | $2,829-95.3% | $79+66.7% |