Filed April 22, 2016 (most recent of 2 filings on file)
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 |
|---|---|---|
NATIONWIDE9+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $182,155 |
Filed as: PENSION FINANCIAL SERVICES INC. Service code 13 3700 CRESTWOOD PKWY STE 550 · DULUTH, GA 30096 | Contract Administrator | $57,392 |
Filed as: IRON-CO-FID-INDEX COMPREHENSIVE Service code 28 5440 W 110TH ST · SHAWNEE MISSION, KS 66211 | Investment Management | $26,528 |
CARR, RIGGS & INGRAM, LLC5 years Filed as: CARR, RIGGS AND INGRAM Service code 10 4004 SUMMIT BLVD NE SUITE 800 · ATLANTA, GA 30319 | Accounting | $6,500 |
NATIONWIDE5 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 99 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215 | Other Fees | $5,306 |
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 | $127,352 | $95,274+33.7% | $135,903-6.3% | $74,419+71.1% |
| Participation rate | 91.9% | 78.2%+13.7pp | 81.9%+10.0pp | 70.7%+21.1pp |
| Annual return | 21.60% | 32.77%-11.2pp | 68.23%-46.6pp | 34.38%-12.8pp |
| Employer contribution / active EE | $2,743 | $3,874-29.2% | $4,856-43.5% | $2,637+4.0% |
| Participant deferral / active EE | $10,361 | $7,782+33.1% | $7,758+33.6% | $4,528+128.8% |
| Admin fee / account holder | $660 | $266+148.0% | $10,762-93.9% | $348+89.7% |