Filed September 12, 2017
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 5-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 13 · EIN 42-0127290 | Contract Administrator | $98,405 |
MMA SECURITIES LLC1 year Service code 27 · EIN 22-3570392 | Advisory (Plan) | $21,500 |
GRANT THORNTON LLP1 year Filed as: LLP FINANCIAL Service code 27 · EIN 04-3046611 | Advisory (Plan) | $6,724 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $78,811 | $99,078-20.5% | $96,544-18.4% | $74,419+5.9% |
| Participation rate | 47.8% | 80.7%-32.9pp | 76.0%-28.2pp | 70.7%-23.0pp |
| Annual return | 20.57% | 22.48%-1.9pp | 25.84%-5.3pp | 34.38%-13.8pp |
| Employer contribution / active EE | $0 | $2,570-100.0% | $2,965-100.0% | $2,637-100.0% |
| Participant deferral / active EE | $2,099 | $4,933-57.5% | $4,851-56.7% | $4,528-53.6% |
| Admin fee / account holder | $334 | $225+48.6% | $8,252-96.0% | $348-4.0% |