Filed July 19, 2019
Total covered: 13 employees
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 64 · EIN 71-0294708 | Recordkeeping Fees | $49,717 |
VBA BENEFITS CORPORATION2 years Service code 99 · EIN 54-0924883 | Other Fees | $28,160 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,270 | $121,341-42.1% | $189,513-62.9% | $79,386-11.5% |
| Participation rate | 97.5% | 86.1%+11.4pp | 87.8%+9.7pp | 70.7%+26.8pp |
| Annual return | 13.32% | 21.08%-7.8pp | 555.15%-541.8pp | 116.85%-103.5pp |
| Employer contribution / active EE | $3,166 | $3,915-19.1% | $6,162-48.6% | $2,427+30.4% |
| Participant deferral / active EE | $3,896 | $6,395-39.1% | $8,221-52.6% | $4,046-3.7% |
| Admin fee / account holder | $445 | $651-31.7% | $12,045-96.3% | $626-29.0% |