Filed June 20, 2020
Total covered: 5 employees
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 |
|---|---|---|
LVZ INC1 year Filed as: LVZ ADVISORS INC Service code 50 · EIN 38-3154499 | Direct Payment | $60,663 |
LPL FINANCIAL6+ years Filed as: NEXT FINANCIAL GROUP INC Service code 55 · EIN 54-1900002 | Other Commissions | $57,566 |
Filed as: GWLA Service code 15 · EIN 26-1589907 | Recordkeeping | $35,579 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,433 | $78,275-7.5% | $109,143-33.6% | $86,799-16.6% |
| Participation rate | 97.5% | 73.8%+23.7pp | 75.9%+21.6pp | 72.3%+25.2pp |
| Annual return | 14.18% | 19.14%-5.0pp | 25.75%-11.6pp | 97.91%-83.7pp |
| Employer contribution / active EE | $3,072 | $3,105-1.1% | $3,722-17.5% | $2,405+27.7% |
| Participant deferral / active EE | $6,143 | $3,641+68.7% | $4,653+32.0% | $4,131+48.7% |
| Admin fee / account holder | $87 | $198-56.0% | $6,752-98.7% | $170-48.4% |