Filed July 15, 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 |
|---|---|---|
Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846 | Recordkeeping | $100,991 |
Filed as: CHARLES SCHWAB Service code 26 2423 E. LINCOLN DRIVE · PHOENIX, AZ 85016 | Advisory (Participants) | $58,774 |
KAUFMAN ROSSIN & CO1 year Filed as: KAUFMAN ROSSIN WEALTH Service code 26 3310 MARY STREET, SUITE 501 · MIAMI, FL 33133 | Advisory (Participants) | $23,687 |
MATRIX TRUST COMPANY2 years Service code 18 · EIN 75-3182674 | Trustee (bank, trust company, or simi... | $0 |
MATRIX TRUST COMPANY1 year Filed as: MG TRUST COMPANY DBA MATRIX TRUST Service code 62 | Soft dollars commissions; Float revenue | $0 |
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 | $117,585 | $82,202+43.0% | $125,339-6.2% | $64,808+81.4% |
| Participation rate | 95.4% | 77.9%+17.6pp | 82.4%+13.1pp | 71.5%+24.0pp |
| Annual return | -15.64% | 3.48%-19.1pp | 572.05%-587.7pp | 32.82%-48.5pp |
| Employer contribution / active EE | $2,602 | $3,615-28.0% | $4,814-45.9% | $2,506+3.8% |
| Participant deferral / active EE | $9,751 | $7,175+35.9% | $7,446+30.9% | $4,310+126.2% |
| Admin fee / account holder | $345 | $163+111.3% | $10,010-96.6% | $188+83.6% |