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 FINANCIAL2 years Filed as: LPL FINANCIAL RPCP Service code 53 · EIN 04-3046611 | Insurance Commissions | $47,870 |
ASCENSUS LLC2 years Filed as: ASCENSUS, LLC Service code 13 · EIN 11-3665754 | Contract Administrator | $13,868 |
WELLSPRING WEALTH, LLC2 years Service code 13 · EIN 81-4138199 200 CENTURY PARKWAY, STE. 750 · ATLANTA, GA 30345 | Contract Administrator | $7,130 |
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 | $129,621 | $99,957+29.7% | $149,696-13.4% | $73,488+76.4% |
| Participation rate | 94.6% | 75.7%+18.9pp | 82.5%+12.1pp | 70.7%+23.9pp |
| Annual return | 14.24% | 53.87%-39.6pp | 276.60%-262.4pp | 28.51%-14.3pp |
| Employer contribution / active EE | $3,081 | $3,191-3.4% | $4,644-33.7% | $2,270+35.7% |
| Participant deferral / active EE | $9,710 | $6,073+59.9% | $6,842+41.9% | $3,740+159.6% |
| Admin fee / account holder | $472 | $551-14.3% | $9,309-94.9% | $513-8.0% |