Filed November 14, 2016
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 27 · EIN 47-1411118 | Advisory (Plan) | $46,709 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $41,657 |
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 | $65,685 | $45,031+45.9% | $84,966-22.7% | $77,643-15.4% |
| Participation rate | 73.7% | 48.7%+25.0pp | 67.5%+6.2pp | 70.6%+3.1pp |
| Annual return | 14.80% | 79.22%-64.4pp | 66.38%-51.6pp | 31.24%-16.4pp |
| Employer contribution / active EE | $2,497 | $1,609+55.1% | $2,727-8.4% | $2,726-8.4% |
| Participant deferral / active EE | $4,437 | $2,807+58.0% | $4,519-1.8% | $4,647-4.5% |
| Admin fee / account holder | $307 | $912-66.3% | $6,149-95.0% | $430-28.7% |