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 |
|---|---|---|
GROVE POINT INVESTMENTS LLC2 years Service code 27 · EIN 52-1321340 | Advisory (Plan) | $32,508 |
Service code 37 · EIN 04-2647786 | Loan Processing | $24,017 |
Service code 16 · EIN 75-2866255 | Consulting | $8,628 |
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 | $101,080 | $138,347-26.9% | $184,203-45.1% | $80,856+25.0% |
| Participation rate | 93.7% | 83.9%+9.8pp | 86.8%+6.9pp | 67.6%+26.0pp |
| Annual return | 15.35% | 20.02%-4.7pp | 28.81%-13.5pp | 35.59%-20.2pp |
| Employer contribution / active EE | $8,254 | $4,850+70.2% | $6,427+28.4% | $2,755+199.6% |
| Participant deferral / active EE | $6,394 | $7,071-9.6% | $9,131-30.0% | $4,296+48.8% |
| Admin fee / account holder | $459 | $10,483-95.6% | $13,901-96.7% | $6,918-93.4% |