Filed December 12, 2023
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 |
|---|---|---|
Filed as: PRIVATE ADVISOR GROUP LL Service code 27 · EIN 27-3463733 | Advisory (Plan) | $65,292 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $52,229 |
WIPFLI LLP1 year Service code 10 · EIN 39-0758449 | Accounting | $5,000 |
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Service code 12 · EIN 13-3689044 | Account maintenance fees; Recordkeepi... | $3,555 |
NATIONAL FINANCIAL SERVICES10+ years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $137,972 | $82,917+66.4% | $103,333+33.5% | $77,643+77.7% |
| Participation rate | 93.7% | 71.6%+22.2pp | 74.5%+19.2pp | 70.6%+23.1pp |
| Annual return | 13.66% | 19.13%-5.5pp | 24.88%-11.2pp | 31.24%-17.6pp |
| Employer contribution / active EE | $5,284 | $3,552+48.8% | $3,868+36.6% | $2,726+93.8% |
| Participant deferral / active EE | $10,584 | $4,108+157.6% | $5,057+109.3% | $4,647+127.8% |
| Admin fee / account holder | $351 | $638-45.0% | $8,355-95.8% | $430-18.4% |