Filed July 13, 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 |
|---|---|---|
PENSIONMARK FINANCIAL GROUP LLC1+ years Filed as: PENSIONMARK RETIREMENT GROUP Service code 27 19 25TH ST. · ROANOKE, VA 24014 | Advisory (Plan) | $29,345 |
DAILYACCESS CORPORATION1+ years Service code 15 · EIN 63-1156117 | Recordkeeping | $16,092 |
Service code 14 · EIN 13-4238973 | Plan Administrator | $9,190 |
RELIANCE TRUST COMPANY1+ years Service code 19 · EIN 58-1428634 | Securities Custodian | $0 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $77,535 | $50,464+53.6% | $75,781+2.3% | $52,331+48.2% |
| Participation rate | 82.4% | 66.8%+15.6pp | 75.8%+6.5pp | 68.1%+14.2pp |
| Annual return | -4.49% | 1.03%-5.5pp | 9.68%-14.2pp | 4.54%-9.0pp |
| Employer contribution / active EE | $2,008 | $1,988+1.0% | $3,323-39.6% | $1,882+6.7% |
| Participant deferral / active EE | $1,849 | $2,570-28.1% | $3,651-49.4% | $3,022-38.8% |
| Admin fee / account holder | $352 | $1,103-68.1% | $5,299-93.4% | $592-40.5% |