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 FINANCIAL6 years Filed as: LPL FINANCIAL RPCP Service code 53 · EIN 04-3046611 | Insurance Commissions | $51,617 |
ASCENSUS LLC6 years Filed as: ASCENSUS, LLC Service code 13 · EIN 11-3665754 | Contract Administrator | $17,718 |
Service code 13 · EIN 58-2055641 11720 AMBER PARK DRIVE, SUITE 150 · ALPHARETTA, GA 30009 | Contract Administrator | $6,270 |
WELLSPRING WEALTH, LLC6 years Service code 13 · EIN 81-4138199 2200 CENTURY PARKWAY, STE. 750 · ATLANTA, GA 30345 | Contract Administrator | $4,155 |
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 | $155,868 | $101,317+53.8% | $146,958+6.1% | $74,495+109.2% |
| Participation rate | 90.1% | 75.5%+14.5pp | 82.2%+7.9pp | 67.2%+22.9pp |
| Annual return | 17.19% | 8730.91%-8713.7pp | 418.34%-401.1pp | 1364.94%-1347.8pp |
| Employer contribution / active EE | $3,717 | $3,810-2.4% | $4,933-24.6% | $2,623+41.7% |
| Participant deferral / active EE | $11,283 | $7,303+54.5% | $8,070+39.8% | $4,346+159.6% |
| Admin fee / account holder | $388 | $1,739-77.7% | $12,998-97.0% | $1,942-80.0% |