Filed December 18, 2015
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 16 · EIN 38-3462761 | Consulting | $20,504 |
ALLIANCE BENEFIT GROUP2 years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460 | Recordkeeping | $11,145 |
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.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,254 | $86,332+5.7% | $125,175-27.1% | $65,185+40.0% |
| Participation rate | 89.3% | 75.3%+14.0pp | 79.8%+9.5pp | 70.2%+19.1pp |
| Annual return | 15.23% | 27.43%-12.2pp | 43.79%-28.6pp | 29.38%-14.1pp |
| Employer contribution / active EE | $1,315 | $2,040-35.5% | $3,865-66.0% | $2,177-39.6% |
| Participant deferral / active EE | $4,711 | $3,537+33.2% | $4,937-4.6% | $3,514+34.1% |
| Admin fee / account holder | $313 | $609-48.6% | $9,702-96.8% | $847-63.0% |