Filed August 25, 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 |
|---|---|---|
USI CONSULTING GROUP2 years Filed as: USI ADVISORS INC Service code 27 · EIN 06-1397347 | Advisory (Plan) | $30,683 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $30,385 |
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 | $36,496 | $80,724-54.8% | $103,333-64.7% | $74,495-51.0% |
| Participation rate | 77.4% | 65.7%+11.8pp | 74.5%+2.9pp | 67.2%+10.2pp |
| Annual return | 12.62% | 27.56%-14.9pp | 24.88%-12.3pp | 1364.94%-1352.3pp |
| Employer contribution / active EE | $2,458 | $3,157-22.2% | $3,868-36.5% | $2,623-6.3% |
| Participant deferral / active EE | $3,982 | $3,860+3.2% | $5,057-21.3% | $4,346-8.4% |
| Admin fee / account holder | $315 | $2,368-86.7% | $8,355-96.2% | $1,942-83.8% |