Filed March 15, 2018
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 | $139,308 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 49 | Other Services | $54,878 |
Filed as: BENEFIT PLANS INC Service code 13 · EIN 47-0617162 | Contract Administrator | $47,116 |
LPL FINANCIAL1 year Service code 49 · EIN 95-2834236 | Other Services | $0 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,193 | $241,101-75.0% | $103,374-41.8% | $199,768-69.9% |
| Participation rate | 44.9% | 78.3%-33.4pp | 74.5%-29.6pp | 72.0%-27.1pp |
| Annual return | 31.81% | 17.80%+14.0pp | 24.89%+6.9pp | 34.26%-2.5pp |
| Employer contribution / active EE | $1,458 | $4,244-65.7% | $3,869-62.3% | $3,037-52.0% |
| Participant deferral / active EE | $3,149 | $3,958-20.4% | $5,058-37.7% | $5,090-38.1% |
| Admin fee / account holder | $235 | $288-18.2% | $8,394-97.2% | $269-12.5% |