Filed November 2, 2018
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $87,385 |
BENEFIT RESOURCES, INC.1 year Filed as: BENEFIT RESOURCES, INC Service code 13 · EIN 68-0198481 | Contract Administrator | $2,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $89,521 | $64,707+38.3% | $112,228-20.2% | $68,494+30.7% |
| Participation rate | 72.4% | 67.2%+5.3pp | 75.1%-2.6pp | 67.9%+4.6pp |
| Annual return | -15.52% | -11.40%-4.1pp | 27.45%-43.0pp | -7.84%-7.7pp |
| Employer contribution / active EE | $7,795 | $2,746+183.9% | $3,635+114.5% | $2,596+200.2% |
| Participant deferral / active EE | $1,949 | $3,565-45.3% | $4,728-58.8% | $4,027-51.6% |
| Admin fee / account holder | $1,036 | $5,232-80.2% | $6,410-83.8% | $5,403-80.8% |