Filed August 24, 2023
Total covered: 7 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 |
|---|---|---|
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC - RPCP Service code 27 · EIN 04-3046611 | Advisory (Plan) | $73,198 |
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $35,913 |
FIDUCIARY WISE, LLC1 year Service code 27 · EIN 81-3799174 | Advisory (Plan) | $24,400 |
WILSHIRE ASSOCIATES INCORPORATED7+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $330,010 | $70,879+365.6% | $189,557+74.1% | $79,386+315.7% |
| Participation rate | 94.4% | 68.0%+26.5pp | 78.4%+16.0pp | 70.7%+23.7pp |
| Annual return | 17.14% | 20.70%-3.6pp | 64.17%-47.0pp | 116.85%-99.7pp |
| Employer contribution / active EE | $11,238 | $1,806+522.2% | $4,412+154.7% | $2,427+362.9% |
| Participant deferral / active EE | $10,856 | $4,081+166.0% | $6,174+75.8% | $4,046+168.3% |
| Admin fee / account holder | $545 | $647-15.8% | $9,807-94.4% | $626-12.9% |