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, LLC4 years Service code 27 · EIN 82-5023101 | Advisory (Plan) | $36,082 |
Service code 12 · EIN 75-2866255 | Other fees; Named fiduciary; Direct p... | $35,403 |
BLUESTAR RETIREMENT SERVICES3 years Filed as: BLUESTAR RETIREMENT SERVICES, INC. Service code 12 · EIN 59-3092339 | Account maintenance fees; Participant... | $31,069 |
Filed as: MID ATLANTIC TRUST COMPANY Service code 19 · EIN 27-3169253 | Securities Custodian | $29,047 |
Filed as: RPS RETIREMENT PLAN ADVISORS Service code 26 · EIN 74-2589344 | Advisory (Participants) | $23,258 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $254,818 | $82,202+210.0% | $125,339+103.3% | $64,808+293.2% |
| Participation rate | 88.3% | 77.9%+10.4pp | 82.4%+5.9pp | 71.5%+16.8pp |
| Annual return | -18.29% | 3.48%-21.8pp | 572.05%-590.3pp | 32.82%-51.1pp |
| Employer contribution / active EE | $11,718 | $3,615+224.1% | $4,814+143.4% | $2,506+367.6% |
| Participant deferral / active EE | $6,778 | $7,175-5.5% | $7,446-9.0% | $4,310+57.2% |
| Admin fee / account holder | $518 | $163+217.3% | $10,010-94.8% | $188+175.8% |