Filed August 10, 2016 (most recent of 4 filings on file)
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 |
|---|---|---|
CERITY PARTNERS6 years Service code 27 · EIN 35-2467663 | Advisory (Plan) | $42,499 |
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $32,395 |
CROWE LLP2 years Service code 10 · EIN 35-0921680 | Accounting | $23,940 |
MCDERMOTT WILL & EMERY LLP8 years Service code 29 · EIN 36-1453176 | Legal | $19,126 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $317,544 | $65,908+381.8% | $81,812+288.1% | $77,643+309.0% |
| Participation rate | 68.4% | 65.8%+2.6pp | 72.3%-4.0pp | 70.6%-2.2pp |
| Annual return | 15.41% | 26.64%-11.2pp | 773.79%-758.4pp | 31.24%-15.8pp |
| Employer contribution / active EE | $7,596 | $2,370+220.5% | $2,912+160.8% | $2,726+178.7% |
| Participant deferral / active EE | $9,973 | $3,505+184.5% | $4,319+130.9% | $4,647+114.6% |
| Admin fee / account holder | $457 | $526-13.1% | $7,386-93.8% | $430+6.2% |