Filed August 2, 2018
Total covered: 2 employees
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 | $76,923 |
NBC SECURITIES INC8 years Service code 49 · EIN 63-0923499 | Other Services | $32,896 |
SOUTHERN PENSION SERVICES8 years Service code 13 · EIN 59-3461974 | Contract Administrator | $8,890 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGMENT L Service code 26 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,442 | $96,018-12.1% | $65,493+28.9% | $85,563-1.3% |
| Participation rate | 65.5% | 74.8%-9.3pp | 73.1%-7.6pp | 66.0%-0.5pp |
| Annual return | 10.75% | 14.51%-3.8pp | 982.45%-971.7pp | 31.51%-20.8pp |
| Employer contribution / active EE | $2,795 | $3,235-13.6% | $2,574+8.6% | $2,654+5.3% |
| Participant deferral / active EE | $4,454 | $4,055+9.8% | $3,961+12.4% | $4,375+1.8% |
| Admin fee / account holder | $397 | $271+46.8% | $5,028-92.1% | $834-52.4% |