Filed March 12, 2018
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $228,394 |
NATIONWIDE1 year Service code 19 · EIN 04-3523567 | Securities Custodian | $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.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $121,143 | $86,944+39.3% | $107,525+12.7% | $74,304+63.0% |
| Participation rate | 61.7% | 59.6%+2.2pp | 75.1%-13.4pp | 60.3%+1.4pp |
| Annual return | 10.36% | 23.52%-13.2pp | 181.32%-171.0pp | 29.43%-19.1pp |
| Employer contribution / active EE | $3,697 | $2,757+34.1% | $3,754-1.5% | $2,241+65.0% |
| Participant deferral / active EE | $5,194 | $3,554+46.1% | $5,116+1.5% | $3,767+37.9% |
| Admin fee / account holder | $365 | $3,727-90.2% | $8,919-95.9% | $2,969-87.7% |