Filed September 22, 2021
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 |
|---|---|---|
THE SIEKMANN COMPANY4 years Service code 15 · EIN 31-0995736 9000 MEMORIAL DRIVE · PLAIN CITY, OH 43064 | Recordkeeping | $39,285 |
Service code 15 · EIN 01-0233346 690 CANTON ST · WESTWOOD, MA 02090 | Recordkeeping | $26,793 |
Service code 37 · EIN 04-2647786 145 SUMMER STREET · BOSTON, MA 02210 | Loan Processing | $19,126 |
STRATEGIC ADVISORS, INC.1 year Filed as: STRATEGIC ADVISORS, INC Service code 27 · EIN 04-2654524 155 SEAPORT BLVD · BOSTON, MA 02210 | Advisory (Plan) | $120 |
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 | $54,467 | $108,549-49.8% | $156,263-65.1% | $85,563-36.3% |
| Participation rate | 94.4% | 77.1%+17.3pp | 78.9%+15.5pp | 66.0%+28.5pp |
| Annual return | 13.78% | 21.79%-8.0pp | 59.47%-45.7pp | 31.51%-17.7pp |
| Employer contribution / active EE | $1,739 | $2,690-35.3% | $4,333-59.9% | $2,654-34.5% |
| Participant deferral / active EE | $3,996 | $4,800-16.8% | $6,158-35.1% | $4,375-8.7% |
| Admin fee / account holder | $313 | $650-51.9% | $14,255-97.8% | $834-62.5% |