Filed April 7, 2021
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 |
|---|---|---|
Filed as: BRAND ASSET MANAGEMENT GROUP Service code 26 · EIN 43-1601121 | Advisory (Participants) | $30,862 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $5,240 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,134 | $98,982-21.1% | $162,163-51.8% | $65,185+19.9% |
| Participation rate | 79.8% | 85.8%-6.0pp | 87.6%-7.7pp | 70.2%+9.6pp |
| Annual return | 21.09% | 24.84%-3.8pp | 115.59%-94.5pp | 29.38%-8.3pp |
| Employer contribution / active EE | $1,656 | $3,467-52.2% | $5,614-70.5% | $2,177-23.9% |
| Participant deferral / active EE | $3,452 | $5,384-35.9% | $7,298-52.7% | $3,514-1.8% |
| Admin fee / account holder | $350 | $596-41.4% | $10,843-96.8% | $847-58.7% |