Filed January 27, 2018 (most recent of 2 filings on file)
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 12 · EIN 48-1205033 | Claims processing; Direct payment fro... | $48,373 |
MATRIX TRUST COMPANY1 year Filed as: MSCS FINANCIAL SERVICES LLC Service code 27 717 17TH ST STE 1300 · DENVER, CO 802023304 | Advisory (Plan) | $10,110 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $72,087 | $98,982-27.2% | $162,163-55.5% | $65,185+10.6% |
| Participation rate | 99.2% | 85.8%+13.4pp | 87.6%+11.7pp | 70.2%+29.0pp |
| Annual return | 17.76% | 24.84%-7.1pp | 115.59%-97.8pp | 29.38%-11.6pp |
| Employer contribution / active EE | $3,868 | $3,467+11.6% | $5,614-31.1% | $2,177+77.7% |
| Participant deferral / active EE | $4,380 | $5,384-18.7% | $7,298-40.0% | $3,514+24.7% |
| Admin fee / account holder | $338 | $596-43.3% | $10,843-96.9% | $847-60.1% |