Filed August 1, 2018
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
NATIONWIDE5+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $121,451 |
MGO INVESTMENT ADVISORS3 years Filed as: MGO INC. Service code 15 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Recordkeeping | $36,544 |
MGO INVESTMENT ADVISORS3 years Filed as: MGO INVESTMENT ADVISORY INC. Service code 26 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Advisory (Participants) | $29,901 |
MGO INVESTMENT ADVISORS3 years Service code 15 | Recordkeeping | $5,606 |
Employer 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 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 | $96,846 | $60,795+59.3% | $69,455+39.4% | $65,185+48.6% |
| Participation rate | 95.3% | 74.9%+20.4pp | 74.6%+20.7pp | 70.2%+25.1pp |
| Annual return | 20.21% | 17.46%+2.7pp | 28.97%-8.8pp | 29.38%-9.2pp |
| Employer contribution / active EE | $0 | $2,452-100.0% | $2,779-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $5,362 | $3,162+69.6% | $3,535+51.7% | $3,514+52.6% |
| Admin fee / account holder | $506 | $314+61.3% | $3,839-86.8% | $847-40.3% |