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 |
|---|---|---|
Filed as: GREAT-WEST LIFE ANNUITY INS COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $23,462 |
Service code 13 22720 FAIRVIEW CENTER DR. STE., 100 · FAIRVIEW PARK, OH 44126 | Contract Administrator | $21,869 |
CETERA ADVISOR NETWORKS LLC2 years Filed as: CETERA INVESTMENT ADVISERS LLC Service code 27 200 N PACIFIC COAST HWY · EL SEGUNDO, CA 90245 | Advisory (Plan) | $16,288 |
Filed as: ADVISED ASSETS GROUP LLC Service code 28 8515EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $10,860 |
Service code 99 26376 JOHN ROAD · OLMSTED TOWNSHIP, OH 44138 | Other Fees | $8,000 |
PLANTE & MORAN, PLLC2 years Filed as: PLANTE AND MORAN Service code 10 16060 COLLECTIONS CENTER DRIVE · CHICAGO, IL 60693 | Accounting | $5,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $30,349 | $52,293-42.0% | $178,490-83.0% | $73,409-58.7% |
| Participation rate | 26.8% | 65.3%-38.5pp | 81.9%-55.1pp | 72.2%-45.3pp |
| Annual return | 12.35% | 34.75%-22.4pp | 151.07%-138.7pp | 59.29%-46.9pp |
| Employer contribution / active EE | $100 | $1,735-94.2% | $5,011-98.0% | $2,234-95.5% |
| Participant deferral / active EE | $843 | $2,332-63.9% | $5,202-83.8% | $3,805-77.9% |
| Admin fee / account holder | $492 | $127+286.2% | $13,984-96.5% | $158+211.5% |