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 |
|---|---|---|
Filed as: TRANSITION FINANCIAL STRATEGIES LLC Service code 49 · EIN 13-4238973 154 HANSEN RD · CHARLOTTESVILLE, VA 22911 | Other Services | $16,207 |
WELLS FARGO BANK, N.A.6 years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 99 | Other Fees | $15,239 |
Filed as: YOUNT, HYDE & BARBOUR, PC Service code 10 · EIN 54-1149263 | Accounting | $5,500 |
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 99 · EIN 34-1542819 | Other Fees | $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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $132,272 | $73,933+78.9% | $96,683+36.8% | $75,163+76.0% |
| Participation rate | 98.7% | 66.4%+32.3pp | 74.3%+24.3pp | 67.2%+31.5pp |
| Annual return | 10.81% | 26.70%-15.9pp | 35.69%-24.9pp | 160.62%-149.8pp |
| Employer contribution / active EE | $8,920 | $2,928+204.7% | $3,737+138.7% | $2,670+234.1% |
| Participant deferral / active EE | $4,838 | $3,659+32.2% | $4,878-0.8% | $4,125+17.3% |
| Admin fee / account holder | $328 | $5,216-93.7% | $6,730-95.1% | $5,651-94.2% |