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 |
|---|---|---|
HIGHTOWER ADVISORS LLC2 years Filed as: HIGHTOWER SECURITIES LLC Service code 27 · EIN 36-4454225 | Advisory (Plan) | $40,000 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $20,678 |
NWPS1 year Service code 15 · EIN 91-1526584 | Recordkeeping | $4,818 |
KORNERSTONE, INC.7 years Service code 27 | Advisory (Plan) | $0 |
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 | $180,377 | $91,407+97.3% | $135,903+32.7% | $71,457+152.4% |
| Participation rate | 99.2% | 75.7%+23.6pp | 81.9%+17.3pp | 67.9%+31.3pp |
| Annual return | 20.27% | 29.90%-9.6pp | 68.23%-48.0pp | 28.85%-8.6pp |
| Employer contribution / active EE | $7,942 | $3,703+114.5% | $4,856+63.6% | $2,588+206.9% |
| Participant deferral / active EE | $10,250 | $7,092+44.5% | $7,758+32.1% | $4,289+139.0% |
| Admin fee / account holder | $383 | $1,266-69.8% | $10,762-96.4% | $1,587-75.9% |