Filed August 29, 2018 (most recent of 6 filings on file)
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 |
|---|---|---|
THE VANGUARD GROUP, INC.5 years Service code 15 · EIN 23-1945930 | Recordkeeping | $106,034 |
GRANT THORNTON LLP2 years Service code 10 · EIN 36-6055558 | Accounting | $55,620 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 51 · EIN 27-2037969 | Investment Mgmt Fees | $7,829 |
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.
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 | $73,572 | $98,727-25.5% | $113,168-35.0% | $85,563-14.0% |
| Participation rate | 93.3% | 80.8%+12.5pp | 76.6%+16.8pp | 66.0%+27.4pp |
| Annual return | -90.90% | 17.43%-108.3pp | 24.27%-115.2pp | 31.51%-122.4pp |
| Employer contribution / active EE | $5,718 | $2,907+96.7% | $2,975+92.2% | $2,654+115.5% |
| Participant deferral / active EE | $11,114 | $5,424+104.9% | $5,107+117.6% | $4,375+154.0% |
| Admin fee / account holder | $372 | $357+4.2% | $12,068-96.9% | $834-55.5% |