Filed April 10, 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 |
|---|---|---|
401KDIRECTPRO, INC.1+ years Service code 64 · EIN 20-3825735 3027 CENTRAL STREET · EVANSTON, IL 60201 | Recordkeeping Fees | $20,393 |
WACKER & ASSOCIATES, INC.1+ years Filed as: WACKER & ASSOCIATES Service code 26 · EIN 77-0297228 208 SHERMAN ST. · JACKSON, MN 56143 | Advisory (Participants) | $12,402 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,998 | $41,854-59.4% | $73,843-77.0% | $52,331-67.5% |
| Participation rate | 74.2% | 66.2%+8.0pp | 73.4%+0.8pp | 68.1%+6.1pp |
| Annual return | -1.96% | 2.11%-4.1pp | 2267.84%-2269.8pp | 4.54%-6.5pp |
| Employer contribution / active EE | $227 | $1,920-88.2% | $2,787-91.8% | $1,882-87.9% |
| Participant deferral / active EE | $1,291 | $2,498-48.3% | $3,583-64.0% | $3,022-57.3% |
| Admin fee / account holder | $142 | $493-71.3% | $4,880-97.1% | $592-76.1% |