Filed December 14, 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 | $61,613 |
Service code 27 · EIN 63-0879387 | Advisory (Plan) | $53,831 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $109,988 | $50,815+116.4% | $155,509-29.3% | $77,643+41.7% |
| Participation rate | 71.7% | 63.1%+8.6pp | 78.2%-6.5pp | 70.6%+1.1pp |
| Annual return | 11.09% | 34.80%-23.7pp | 64.67%-53.6pp | 31.24%-20.1pp |
| Employer contribution / active EE | $2,771 | $1,993+39.1% | $4,672-40.7% | $2,726+1.7% |
| Participant deferral / active EE | $4,545 | $2,822+61.1% | $5,626-19.2% | $4,647-2.2% |
| Admin fee / account holder | $396 | $437-9.2% | $15,912-97.5% | $430-7.9% |