Filed February 29, 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 |
|---|---|---|
SECURITY NATIONAL BANK10+ years Service code 21 · EIN 42-0943319 | Bank Trustee | $49,187 |
CAIN ELLSWORTH & CO., LLP.8 years Service code 10 · EIN 42-1163131 | Accounting | $23,500 |
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $1,810 |
CHARLES SCHWAB & CO., INC.7 years Filed as: CHARLES SCHWAB & CO. INC. Service code 19 · EIN 94-1737782 | Securities Custodian | $0 |
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 | $75,277 | $79,184-4.9% | $102,438-26.5% | $74,546+1.0% |
| Participation rate | 83.8% | 74.8%+9.0pp | 76.5%+7.3pp | 67.2%+16.6pp |
| Annual return | 12.73% | 54.95%-42.2pp | 29.37%-16.6pp | 1366.03%-1353.3pp |
| Employer contribution / active EE | $1,303 | $2,362-44.8% | $3,024-56.9% | $2,624-50.4% |
| Participant deferral / active EE | $3,054 | $4,414-30.8% | $5,054-39.6% | $4,347-29.8% |
| Admin fee / account holder | $376 | $2,001-81.2% | $9,448-96.0% | $1,944-80.6% |