Filed March 24, 2016 (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 3-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 |
|---|---|---|
MERCER1 year Filed as: MERCER INVESTMENTS LLC Service code 27 · EIN 36-2668272 | Advisory (Plan) | $30,226 |
COVINGTON & BURLING LLP1 year Service code 29 · EIN 53-0188411 | Legal | $17,605 |
SB & COMPANY, LLC1 year Filed as: SB AND COMPANY LLC Service code 10 · EIN 20-2153727 | Accounting | $14,000 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $7,195 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,119 | $62,127-88.5% | $81,382-91.3% | $74,495-90.4% |
| Participation rate | 87.3% | 64.0%+23.3pp | 69.5%+17.8pp | 67.2%+20.1pp |
| Annual return | 12.00% | 16.48%-4.5pp | 24.73%-12.7pp | 1364.94%-1352.9pp |
| Employer contribution / active EE | $2,336 | $1,882+24.1% | $2,463-5.1% | $2,623-10.9% |
| Participant deferral / active EE | $1,325 | $3,229-59.0% | $3,883-65.9% | $4,346-69.5% |
| Admin fee / account holder | $401 | $1,934-79.3% | $5,768-93.0% | $1,942-79.3% |