Filed January 4, 2018
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: GREAT WEST TRUST LLC (EMPOWER) Service code 15 · EIN 84-1455663 | Recordkeeping | $197,744 |
MERCER7+ years Service code 16 · EIN 61-0736136 | Consulting | $153,125 |
EXECUTIVE DIRECTOR7+ years Service code 30 · EIN 52-1529689 | Direct payment from the plan; Employe... | $130,420 |
ASSISTANT DIRECTOR1 year Service code 30 · EIN 52-1529689 | Employee (plan); Direct payment from ... | $112,603 |
HS2 BENEFITS1 year Service code 16 · EIN 71-1019254 | Consulting | $35,000 |
UHY LLP7+ years Service code 10 · EIN 20-0694403 | Accounting | $34,975 |
Filed as: FIDELITY E401K Service code 15 · EIN 23-2640992 | Recordkeeping | $33,687 |
VINCENT FEDELE7+ years Filed as: VINCENT LOMBARDI Service code 27 · EIN 52-1529689 | Advisory (Plan) | $19,197 |
BRIAN FREEMAN7+ years Filed as: BRIAN WELLS Service code 27 · EIN 52-1529689 | Advisory (Plan) | $13,089 |
UHY LLP1 year Filed as: UHY ADVISORS, MO INC. Service code 10 · EIN 43-1305800 | Accounting | $10,100 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Assets per participant exceed $250,000 - top-decile high-value plan.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $262,687 | $118,337+122.0% | $189,513+38.6% | $93,030+182.4% |
| Participation rate | 39.1% | 89.1%-49.9pp | 87.8%-48.7pp | 73.9%-34.8pp |
| Annual return | 8.92% | 21.77%-12.9pp | 555.15%-546.2pp | 158.70%-149.8pp |
| Employer contribution / active EE | $5,493 | $4,204+30.7% | $6,162-10.8% | $2,706+103.0% |
| Participant deferral / active EE | $5,935 | $7,123-16.7% | $8,221-27.8% | $4,562+30.1% |
| Admin fee / account holder | $319 | $100+220.1% | $12,045-97.4% | $152+110.4% |