Filed December 15, 2015
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 |
|---|---|---|
LPL FINANCIAL1 year Filed as: LPL FINANCIAL RPCP Service code 53 · EIN 04-3046611 | Insurance Commissions | $50,270 |
ASCENSUS LLC1 year Filed as: ASCENSUS, LLC Service code 13 · EIN 11-3665754 | Contract Administrator | $11,843 |
WELLSPRING WEALTH, LLC1 year Service code 13 · EIN 81-4138199 200 CENTURY PARKWAY, STE. 750 · ATLANTA, GA 30345 | Contract Administrator | $5,820 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $133,757 | $89,652+49.2% | $141,162-5.2% | $65,185+105.2% |
| Participation rate | 93.6% | 74.7%+18.9pp | 82.5%+11.1pp | 70.2%+23.4pp |
| Annual return | 22.00% | 32.79%-10.8pp | 71.39%-49.4pp | 29.38%-7.4pp |
| Employer contribution / active EE | $3,373 | $3,065+10.1% | $4,735-28.8% | $2,177+55.0% |
| Participant deferral / active EE | $10,547 | $5,691+85.3% | $6,709+57.2% | $3,514+200.2% |
| Admin fee / account holder | $594 | $569+4.5% | $10,261-94.2% | $847-29.9% |