Filed June 25, 2019
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 |
|---|---|---|
SPECTRUM INVESTMENT ADVISORS4 years Service code 15 · EIN 39-1828175 | Recordkeeping | $32,252 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $12,090 |
ADP BROKER-DEALER5+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $114,519 | $81,208+41.0% | $98,907+15.8% | $79,858+43.4% |
| Participation rate | 73.9% | 72.5%+1.4pp | 76.0%-2.1pp | 69.6%+4.3pp |
| Annual return | 14.42% | 60.99%-46.6pp | 196.43%-182.0pp | 31.71%-17.3pp |
| Employer contribution / active EE | $381 | $1,960-80.6% | $2,689-85.8% | $2,471-84.6% |
| Participant deferral / active EE | $3,995 | $3,265+22.4% | $4,244-5.9% | $3,740+6.8% |
| Admin fee / account holder | $487 | $6,013-91.9% | $6,642-92.7% | $5,306-90.8% |