Filed March 12, 2018
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 10-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 | $66,639 |
VALMARK ADVISERS INC2 years Filed as: VALMARK ADVISERS Service code 27 · EIN 31-1509466 | Advisory (Plan) | $36,880 |
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.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $113,667 | $82,917+37.1% | $103,333+10.0% | $77,643+46.4% |
| Participation rate | 56.0% | 71.6%-15.6pp | 74.5%-18.5pp | 70.6%-14.6pp |
| Annual return | 20.36% | 19.13%+1.2pp | 24.88%-4.5pp | 31.24%-10.9pp |
| Employer contribution / active EE | $2,851 | $3,552-19.7% | $3,868-26.3% | $2,726+4.6% |
| Participant deferral / active EE | $5,216 | $4,108+27.0% | $5,057+3.1% | $4,647+12.2% |
| Admin fee / account holder | $447 | $638-29.9% | $8,355-94.6% | $430+3.9% |