Filed September 26, 2019
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 |
|---|---|---|
NATIONWIDE3 years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Contract Administrator | $95,899 |
Filed as: AMERIPRISE FINANCIAL SERVICES Service code 28 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474 | Investment Management | $38,338 |
Filed as: NATIONAL ADMINISTRATION, INC Service code 13 · EIN 39-1967492 878 W AIRPORT RD · MENASHA, WI 59452 | Contract Administrator | $17,086 |
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 | $41,417 | $59,263-30.1% | $96,562-57.1% | $79,386-47.8% |
| Participation rate | 93.2% | 61.9%+31.3pp | 69.8%+23.3pp | 70.7%+22.5pp |
| Annual return | 14.70% | 27.07%-12.4pp | 37.78%-23.1pp | 116.85%-102.2pp |
| Employer contribution / active EE | $2,778 | $1,216+128.6% | $2,356+17.9% | $2,427+14.5% |
| Participant deferral / active EE | $4,440 | $2,948+50.6% | $3,849+15.4% | $4,046+9.7% |
| Admin fee / account holder | $359 | $658-45.5% | $6,181-94.2% | $626-42.7% |