Filed August 5, 2016
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 8-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 15 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping | $6,683 |
Filed as: WILSHIRE ASSOCIATES INC. Service code 31 1299 OCEAN AVENUE · SANTA MONICA, CA 90401 | Named fiduciary | $1,216 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,798 | $101,317-81.4% | $146,958-87.2% | $74,495-74.8% |
| Participation rate | 72.4% | 75.5%-3.1pp | 82.2%-9.7pp | 67.2%+5.2pp |
| Annual return | 17.93% | 8730.91%-8713.0pp | 418.34%-400.4pp | 1364.94%-1347.0pp |
| Employer contribution / active EE | $6 | $3,810-99.8% | $4,933-99.9% | $2,623-99.8% |
| Participant deferral / active EE | $3,187 | $7,303-56.4% | $8,070-60.5% | $4,346-26.7% |
| Admin fee / account holder | $52 | $1,739-97.0% | $12,998-99.6% | $1,942-97.3% |