Filed April 16, 2018
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 13 · EIN 42-0127290 | Contract Administrator | $81,761 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $29,750 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,930 | $57,016-26.5% | $84,966-50.7% | $80,856-48.1% |
| Participation rate | 86.2% | 56.3%+29.9pp | 67.5%+18.7pp | 67.6%+18.6pp |
| Annual return | 10.73% | 21.66%-10.9pp | 66.38%-55.6pp | 35.59%-24.9pp |
| Employer contribution / active EE | $21,495 | $1,798+1095.8% | $2,727+688.2% | $2,755+680.3% |
| Participant deferral / active EE | $20,742 | $3,110+567.0% | $4,519+359.0% | $4,296+382.9% |
| Admin fee / account holder | $372 | $4,980-92.5% | $6,149-94.0% | $6,918-94.6% |