Filed February 3, 2020
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 |
|---|---|---|
LEVERAGE RETIREMENT, INC.3 years Service code 64 · EIN 75-1983809 | Recordkeeping Fees | $61,820 |
Service code 64 · EIN 75-0944023 | Recordkeeping Fees | $25,446 |
MY GROUP LLC1 year Filed as: HM&M GROUP, LLC Service code 10 · EIN 75-2409112 12221 MERIT DRIVE, SUITE 1800 · DALLAS, TX 75251 | Accounting | $22,850 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $206,179 | $122,239+68.7% | $184,200+11.9% | $74,546+176.6% |
| Participation rate | 80.7% | 85.5%-4.8pp | 86.8%-6.2pp | 67.2%+13.5pp |
| Annual return | 14.02% | 19.95%-5.9pp | 28.80%-14.8pp | 1366.03%-1352.0pp |
| Employer contribution / active EE | $5,763 | $4,537+27.0% | $6,424-10.3% | $2,624+119.6% |
| Participant deferral / active EE | $5,813 | $7,139-18.6% | $9,132-36.3% | $4,347+33.7% |
| Admin fee / account holder | $924 | $1,260-26.7% | $13,907-93.4% | $1,944-52.5% |