Filed May 19, 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 7-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 |
|---|---|---|
LPL FINANCIAL4 years Service code 26 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 921213091 | Advisory (Participants) | $52,495 |
NEWPORT GROUP, INC.4 years Service code 13 · EIN 27-2037969 | Contract Administrator | $19,395 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,574 | $88,083-6.3% | $164,813-49.9% | $74,495+10.8% |
| Participation rate | 90.1% | 73.0%+17.1pp | 78.6%+11.5pp | 67.2%+22.9pp |
| Annual return | 19.26% | 17.26%+2.0pp | 69.93%-50.7pp | 1364.94%-1345.7pp |
| Employer contribution / active EE | $3,682 | $2,593+42.0% | $4,341-15.2% | $2,623+40.4% |
| Participant deferral / active EE | $4,323 | $4,498-3.9% | $6,031-28.3% | $4,346-0.5% |
| Admin fee / account holder | $322 | $2,234-85.6% | $12,690-97.5% | $1,942-83.4% |