Filed August 18, 2020 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 · EIN 42-0127290 | Contract Administrator | $30,767 |
Service code 27 · EIN 36-4176835 | Advisory (Plan) | $12,744 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,112 | $94,625-73.5% | $116,228-78.4% | $84,808-70.4% |
| Participation rate | 89.1% | 70.4%+18.7pp | 74.6%+14.6pp | 68.3%+20.8pp |
| Annual return | 2.86% | 20.40%-17.5pp | 90.06%-87.2pp | 40.90%-38.0pp |
| Employer contribution / active EE | $0 | $2,347-100.0% | $2,994-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $2,709 | $3,972-31.8% | $4,953-45.3% | $4,212-35.7% |
| Admin fee / account holder | $308 | $10,091-97.0% | $11,989-97.4% | $7,344-95.8% |