Filed June 17, 2024
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 |
|---|---|---|
PROTPA9+ years Service code 13 · EIN 90-0666716 P.O. BOX 636 · MANSFIELD, OH 449010636 | Contract Administrator | $26,019 |
ESB WEALTH MANAGEMENT9+ years Service code 27 · EIN 27-5022450 P.O. BOX 636 · MANSFIELD, OH 449010636 | Advisory (Plan) | $20,338 |
CROWE LLP9+ years Filed as: CROWE HORWATH LLP Service code 19 · EIN 35-0921680 155 W NATIONWIDE BLVD SUITE 500 · COLUMBUS, OH 432152570 | Securities Custodian | $16,800 |
MATRIX TRUST COMPANY3 years Service code 19 717 17TH STREET, SUITE 1300 · DENVER, CO 80201 | Securities Custodian | $5,650 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $79,720 | $130,194-38.8% | $169,993-53.1% | $71,457+11.6% |
| Participation rate | 98.0% | 86.1%+11.9pp | 87.0%+11.0pp | 67.9%+30.1pp |
| Annual return | 19.39% | 20.37%-1.0pp | 53.37%-34.0pp | 28.85%-9.5pp |
| Employer contribution / active EE | $3,215 | $4,381-26.6% | $6,785-52.6% | $2,588+24.2% |
| Participant deferral / active EE | $3,582 | $6,923-48.3% | $10,408-65.6% | $4,289-16.5% |
| Admin fee / account holder | $427 | $966-55.7% | $12,815-96.7% | $1,587-73.1% |