Filed February 7, 2022
Total covered: 24 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 |
|---|---|---|
Service code 13 22720 FAIRVIEW CENTER DR. STE., 100 · FAIRVIEW PARK, OH 44126 | Contract Administrator | $18,675 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE AND MORAN Service code 10 16060 COLLECTIONS CENTER DRIVE · CHICAGO, IL 60693 | Accounting | $11,250 |
Filed as: CETERA INVESTMENT ADVISERS LLC Service code 27 200 N PACIFIC COAST HWY · EL SEGUNDO, CA 90245 | Advisory (Plan) | $11,178 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $24,848 | $62,928-60.5% | $172,739-85.6% | $67,579-63.2% |
| Participation rate | 24.6% | 64.5%-39.9pp | 82.6%-58.1pp | 71.3%-46.7pp |
| Annual return | 16.40% | 30.36%-14.0pp | 802.84%-786.4pp | 378.56%-362.2pp |
| Employer contribution / active EE | $75 | $1,636-95.4% | $5,143-98.5% | $2,148-96.5% |
| Participant deferral / active EE | $620 | $2,145-71.1% | $5,198-88.1% | $3,539-82.5% |
| Admin fee / account holder | $415 | $167+149.0% | $13,954-97.0% | $142+191.6% |