Filed April 23, 2015
Total covered: 5 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 15 · EIN 48-1205033 | Recordkeeping | $53,999 |
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 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 | $73,483 | $58,083+26.5% | $80,019-8.2% | $56,287+30.6% |
| Participation rate | 94.1% | 73.6%+20.5pp | 75.8%+18.2pp | 69.9%+24.2pp |
| Annual return | -8.66% | 34.61%-43.3pp | 11.22%-19.9pp | -9.96%+1.3pp |
| Employer contribution / active EE | $2,453 | $1,932+27.0% | $2,468-0.6% | $2,111+16.2% |
| Participant deferral / active EE | $3,299 | $3,135+5.2% | $3,686-10.5% | $3,350-1.5% |
| Admin fee / account holder | $394 | $623-36.7% | $6,521-94.0% | $521-24.3% |