Filed February 28, 2019
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 9-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 | $65,843 |
KORNERSTONE, INC.3 years Service code 27 · EIN 46-4657858 | Advisory (Plan) | $48,024 |
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 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 | $147,830 | $89,652+64.9% | $141,162+4.7% | $65,185+126.8% |
| Participation rate | 91.8% | 74.7%+17.1pp | 82.5%+9.3pp | 70.2%+21.6pp |
| Annual return | 22.52% | 32.79%-10.3pp | 71.39%-48.9pp | 29.38%-6.9pp |
| Employer contribution / active EE | $6,252 | $3,065+104.0% | $4,735+32.0% | $2,177+187.2% |
| Participant deferral / active EE | $8,913 | $5,691+56.6% | $6,709+32.9% | $3,514+153.7% |
| Admin fee / account holder | $436 | $569-23.3% | $10,261-95.8% | $847-48.5% |