Filed September 8, 2017
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 · EIN 20-4006400 | Recordkeeping | $29,945 |
FUND DIRECT ADVISORS7 years Service code 27 · EIN 27-3584365 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,379 | $62,146-55.9% | $81,438-66.4% | $74,546-63.3% |
| Participation rate | 48.4% | 64.1%-15.7pp | 69.5%-21.1pp | 67.2%-18.8pp |
| Annual return | 14.03% | 16.49%-2.5pp | 24.74%-10.7pp | 1366.03%-1352.0pp |
| Employer contribution / active EE | $332 | $1,883-82.4% | $2,460-86.5% | $2,624-87.4% |
| Participant deferral / active EE | $2,139 | $3,229-33.8% | $3,883-44.9% | $4,347-50.8% |
| Admin fee / account holder | $166 | $1,922-91.3% | $5,764-97.1% | $1,944-91.4% |