Filed November 24, 2020
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $74,887 |
OSAIC WEALTH INC3 years Service code 49 | Other Services | $29,878 |
ORENDA RETIREMENT, LLC2 years Filed as: ORENDA RETIREMENT LLC Service code 13 · EIN 36-4877979 | Contract Administrator | $21,581 |
OSAIC WEALTH INC3 years Filed as: OSAIC WEALTH INC. Service code 49 · EIN 93-0987232 | Other Services | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 | Advisory (Plan) | $0 |
Filed as: WILSHIRE ADVSORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $172,894 | $100,923+71.3% | $150,045+15.2% | $74,304+132.7% |
| Participation rate | 85.2% | 70.1%+15.1pp | 82.3%+2.9pp | 60.3%+24.9pp |
| Annual return | 18.48% | 51.77%-33.3pp | 62.55%-44.1pp | 29.43%-11.0pp |
| Employer contribution / active EE | $12,537 | $3,463+262.0% | $4,693+167.1% | $2,241+459.4% |
| Participant deferral / active EE | $12,983 | $6,709+93.5% | $7,997+62.4% | $3,767+244.6% |
| Admin fee / account holder | $389 | $2,767-86.0% | $13,435-97.1% | $2,969-86.9% |