Filed February 28, 2019
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 9-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $81,297 |
KORNERSTONE, INC.5 years Service code 27 · EIN 46-4657858 | Advisory (Plan) | $48,181 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $194,400 | $104,475+86.1% | $159,436+21.9% | $79,386+144.9% |
| Participation rate | 93.4% | 76.6%+16.8pp | 82.8%+10.6pp | 70.7%+22.7pp |
| Annual return | 15.85% | 67.95%-52.1pp | 263.57%-247.7pp | 116.85%-101.0pp |
| Employer contribution / active EE | $6,967 | $3,417+103.9% | $4,829+44.3% | $2,427+187.0% |
| Participant deferral / active EE | $10,186 | $6,467+57.5% | $7,352+38.5% | $4,046+151.8% |
| Admin fee / account holder | $528 | $711-25.8% | $10,799-95.1% | $626-15.7% |