Filed April 29, 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 |
|---|---|---|
FTB ADVISORS, INC.5+ years Service code 27 · EIN 62-1254528 | Advisory (Plan) | $47,118 |
ASCENSUS LLC2 years Service code 15 · EIN 11-3665754 | Recordkeeping | $20,232 |
WITHUMSMITH+BROWN, PC2 years Filed as: BROWN EDWARDS Service code 13 · EIN 54-0504608 | Contract Administrator | $4,008 |
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.)
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 | $44,315 | $66,310-33.2% | $93,606-52.7% | $65,185-32.0% |
| Participation rate | 63.0% | 74.0%-11.0pp | 75.8%-12.9pp | 70.2%-7.2pp |
| Annual return | 24.21% | 42.58%-18.4pp | 32.76%-8.5pp | 29.38%-5.2pp |
| Employer contribution / active EE | $1,861 | $2,012-7.5% | $2,718-31.5% | $2,177-14.5% |
| Participant deferral / active EE | $3,833 | $3,342+14.7% | $4,069-5.8% | $3,514+9.1% |
| Admin fee / account holder | $352 | $6,897-94.9% | $7,888-95.5% | $847-58.5% |