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 |
|---|---|---|
NATIONWIDE9+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $70,104 |
MGO INVESTMENT ADVISORS7 years Filed as: MGO INVESTMENT ADVISORY INC. Service code 26 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Advisory (Participants) | $29,732 |
MGO INVESTMENT ADVISORS7 years Filed as: MGO INC. Service code 15 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Recordkeeping | $7,078 |
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 | $132,506 | $46,553+184.6% | $64,056+106.9% | $75,163+76.3% |
| Participation rate | 92.7% | 65.9%+26.7pp | 72.3%+20.4pp | 67.2%+25.5pp |
| Annual return | 17.58% | 26.03%-8.5pp | 33.69%-16.1pp | 160.62%-143.0pp |
| Employer contribution / active EE | $2,012 | $1,974+1.9% | $2,747-26.7% | $2,670-24.6% |
| Participant deferral / active EE | $6,631 | $2,837+133.8% | $3,880+70.9% | $4,125+60.8% |
| Admin fee / account holder | $670 | $2,952-77.3% | $3,068-78.2% | $5,651-88.1% |