Filed July 15, 2016
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 |
|---|---|---|
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287 | Directed Trustee | $17,751 |
Filed as: HORIZON WEALTH MANAGEMENT LLC Service code 27 22 CALENDAR CT 2ND FL · LA GRANGE, IL 60525 | Advisory (Plan) | $12,099 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 | $93,478 | $34,677+169.6% | $77,024+21.4% | $64,808+44.2% |
| Participation rate | 5.6% | 49.8%-44.3pp | 67.9%-62.3pp | 71.5%-65.9pp |
| Annual return | -15.75% | -5.33%-10.4pp | 42.32%-58.1pp | 32.82%-48.6pp |
| Employer contribution / active EE | $211 | $1,370-84.6% | $2,812-92.5% | $2,506-91.6% |
| Participant deferral / active EE | $373 | $2,556-85.4% | $4,426-91.6% | $4,310-91.4% |
| Admin fee / account holder | $360 | $179+101.4% | $5,425-93.4% | $188+91.5% |