Filed October 22, 2020
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 |
|---|---|---|
USI CONSULTING GROUP2 years Filed as: USI ADVISORS, INC. Service code 26 95 GLASTONBURY BLVD. · GLASTONBURY, CT 06033 | Advisory (Participants) | $20,911 |
NEWPORT GROUP, INC.8+ years Service code 15 · EIN 27-2037969 | Recordkeeping | $16,407 |
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.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,371 | $40,385+61.9% | $80,569-18.9% | $74,419-12.2% |
| Participation rate | 23.1% | 47.4%-24.3pp | 67.0%-43.9pp | 70.7%-47.6pp |
| Annual return | 15.41% | 164.85%-149.4pp | 935.43%-920.0pp | 34.38%-19.0pp |
| Employer contribution / active EE | $718 | $1,496-52.0% | $2,723-73.6% | $2,637-72.8% |
| Participant deferral / active EE | $1,333 | $2,674-50.2% | $4,447-70.0% | $4,528-70.6% |
| Admin fee / account holder | $406 | $720-43.7% | $5,377-92.5% | $348+16.6% |