Filed March 27, 2015
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 8-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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $66,263 |
STRATEGIC ADVISORS, INC.3+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $42,788 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported that benefits due were not provided when due.
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 | $94,063 | $65,376+43.9% | $87,100+8.0% | $65,185+44.3% |
| Participation rate | 97.4% | 75.3%+22.1pp | 76.9%+20.6pp | 70.2%+27.2pp |
| Annual return | 29.58% | 31.27%-1.7pp | 28.19%+1.4pp | 29.38%+0.2pp |
| Employer contribution / active EE | $3,519 | $1,822+93.1% | $2,521+39.6% | $2,177+61.7% |
| Participant deferral / active EE | $5,976 | $3,388+76.4% | $4,049+47.6% | $3,514+70.1% |
| Admin fee / account holder | $339 | $520-34.7% | $7,497-95.5% | $847-59.9% |