Filed November 29, 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 37 · EIN 04-2647786 | Loan Processing | $17,901 |
Filed as: GROVE POINT INVESTMENTS Service code 27 · EIN 52-1321340 | Advisory (Plan) | $15,755 |
Service code 16 · EIN 75-2866255 | Consulting | $7,130 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,319 | $110,094-31.6% | $151,611-50.3% | $68,494+10.0% |
| Participation rate | 95.5% | 84.0%+11.5pp | 87.5%+8.0pp | 67.9%+27.6pp |
| Annual return | -15.20% | -10.12%-5.1pp | 3.33%-18.5pp | -7.84%-7.4pp |
| Employer contribution / active EE | $9,096 | $4,471+103.5% | $6,166+47.5% | $2,596+250.3% |
| Participant deferral / active EE | $6,122 | $6,527-6.2% | $8,363-26.8% | $4,027+52.0% |
| Admin fee / account holder | $398 | $7,719-94.8% | $11,616-96.6% | $5,403-92.6% |