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 |
|---|---|---|
MGO INVESTMENT ADVISORS1 year Filed as: MGO ONESEVEN INC. Service code 15 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Recordkeeping | $62,967 |
NATIONWIDE10+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $49,723 |
MGO INVESTMENT ADVISORS1 year Filed as: MGO ONESEVEN INVESTMENT ADVISORY Service code 26 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Advisory (Participants) | $39,205 |
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 | $155,030 | $48,230+221.4% | $67,502+129.7% | $80,856+91.7% |
| Participation rate | 94.0% | 66.4%+27.7pp | 72.9%+21.2pp | 67.6%+26.4pp |
| Annual return | 14.52% | 18.28%-3.8pp | 3512.12%-3497.6pp | 35.59%-21.1pp |
| Employer contribution / active EE | $2,321 | $2,020+14.9% | $2,731-15.0% | $2,755-15.7% |
| Participant deferral / active EE | $8,076 | $2,924+176.2% | $4,000+101.9% | $4,296+88.0% |
| Admin fee / account holder | $334 | $3,681-90.9% | $3,998-91.6% | $6,918-95.2% |