Filed October 5, 2022
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 |
|---|---|---|
IRONSHORE FINANCIAL, LLC3 years Service code 27 · EIN 82-5023101 | Advisory (Plan) | $30,000 |
BLUESTAR RETIREMENT SERVICES2 years Filed as: BLUESTAR RETIREMENT SERVICES, INC. Service code 12 · EIN 59-3092339 | Other services; Claims processing; Re... | $27,475 |
Filed as: MID ATLANTIC TRUST COMPANY Service code 19 · EIN 27-3169253 | Securities Custodian | $25,065 |
Service code 12 · EIN 75-2866255 | Other fees; Plan Administrator; Claim... | $24,200 |
Filed as: RPS RETIREMENT PLAN ADVISORS Service code 26 · EIN 74-2589344 | Advisory (Participants) | $17,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $333,674 | $104,475+219.4% | $159,436+109.3% | $79,386+320.3% |
| Participation rate | 91.5% | 76.6%+14.9pp | 82.8%+8.7pp | 70.7%+20.8pp |
| Annual return | 15.39% | 67.95%-52.6pp | 263.57%-248.2pp | 116.85%-101.5pp |
| Employer contribution / active EE | $13,433 | $3,417+293.2% | $4,829+178.2% | $2,427+453.4% |
| Participant deferral / active EE | $7,563 | $6,467+16.9% | $7,352+2.9% | $4,046+86.9% |
| Admin fee / account holder | $460 | $711-35.3% | $10,799-95.7% | $626-26.6% |