Filed August 7, 2024 (most recent of 4 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 |
|---|---|---|
Filed as: LOCKTON INVESTMENT ADV Service code 27 · EIN 20-8874282 | Advisory (Plan) | $37,500 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $29,539 |
Filed as: NATIONAL BENEFIT SERVICES LLC Service code 13 · EIN 20-3886993 | Contract Administrator | $7,528 |
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.
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 | $52,730 | $54,762-3.7% | $90,281-41.6% | $72,985-27.8% |
| Participation rate | 95.9% | 65.1%+30.8pp | 73.3%+22.7pp | 69.5%+26.5pp |
| Annual return | 15.78% | 30.63%-14.9pp | 78.10%-62.3pp | 81.00%-65.2pp |
| Employer contribution / active EE | $5,459 | $2,092+160.9% | $2,854+91.3% | $2,440+123.7% |
| Participant deferral / active EE | $3,542 | $2,887+22.7% | $3,885-8.8% | $3,607-1.8% |
| Admin fee / account holder | $588 | $3,972-85.2% | $5,351-89.0% | $5,124-88.5% |