Filed July 18, 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 |
|---|---|---|
UBS FINANCIAL SERVICES INC6+ years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166 | Advisory (Plan) | $169,551 |
Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846 | Recordkeeping | $70,811 |
BMO HARRIS BANK NA6+ years Filed as: BMO HARRIS BANK, N.A Service code 19 · EIN 36-2085229 | Securities Custodian | $0 |
BMO HARRIS BANK NA5 years Filed as: BMO HARRIS BANK, NA Service code 19 | Securities Custodian | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 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 | $81,812 | $78,275+4.5% | $109,143-25.0% | $86,799-5.7% |
| Participation rate | 57.9% | 73.8%-15.9pp | 75.9%-18.0pp | 72.3%-14.4pp |
| Annual return | 31.92% | 19.14%+12.8pp | 25.75%+6.2pp | 97.91%-66.0pp |
| Employer contribution / active EE | $962 | $3,105-69.0% | $3,722-74.2% | $2,405-60.0% |
| Participant deferral / active EE | $4,293 | $3,641+17.9% | $4,653-7.7% | $4,131+3.9% |
| Admin fee / account holder | $583 | $198+194.0% | $6,752-91.4% | $170+244.1% |