Filed June 13, 2016
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 | $33,289 |
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $12,839 |
PRIME BENEFITS, INC.3 years Service code 13 · EIN 52-2204662 | Contract Administrator | $7,527 |
Filed as: WILSHIRE ADVISORS 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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,409 | $91,407-61.3% | $135,903-73.9% | $71,457-50.4% |
| Participation rate | 90.7% | 75.7%+15.0pp | 81.9%+8.7pp | 67.9%+22.7pp |
| Annual return | 19.31% | 29.90%-10.6pp | 68.23%-48.9pp | 28.85%-9.5pp |
| Employer contribution / active EE | $1,578 | $3,703-57.4% | $4,856-67.5% | $2,588-39.0% |
| Participant deferral / active EE | $4,364 | $7,092-38.5% | $7,758-43.8% | $4,289+1.7% |
| Admin fee / account holder | $304 | $1,266-76.0% | $10,762-97.2% | $1,587-80.9% |