Filed September 16, 2022
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 |
|---|---|---|
SAGEVIEW ADVISORY GROUP, LLC3 years Service code 99 · EIN 33-0818667 4000 MACARTHUR BLVD, STE 1050 · NEWPORT BEACH, CA 92660 | Other Fees | $27,065 |
TIAA2 years Filed as: TIAA - TEACHERS INSURANCE AND ANNUI Service code 99 · EIN 13-1624203 730 THIRD AVE. · NEW YORK, NY 100173206 | Other Fees | $12,573 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $100,201 | $91,762+9.2% | $67,502+48.4% | $77,643+29.1% |
| Participation rate | 91.9% | 75.9%+16.0pp | 72.9%+19.0pp | 70.6%+21.3pp |
| Annual return | 11.53% | 14.87%-3.3pp | 3512.12%-3500.6pp | 31.24%-19.7pp |
| Employer contribution / active EE | $4,272 | $3,181+34.3% | $2,731+56.4% | $2,726+56.7% |
| Participant deferral / active EE | $4,721 | $3,903+20.9% | $4,000+18.0% | $4,647+1.6% |
| Admin fee / account holder | $372 | $176+111.3% | $3,998-90.7% | $430-13.6% |