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 |
|---|---|---|
MILLIMAN, INC.1 year Filed as: MILLIMAN Service code 15 · EIN 91-0675641 | Recordkeeping | $50,030 |
IRONSHORE FINANCIAL, LLC5 years Service code 27 · EIN 82-5023101 | Advisory (Plan) | $23,918 |
Service code 12 · EIN 75-2866255 | Claims processing; Direct payment fro... | $23,139 |
MATRIX TRUST COMPANY1 year Service code 19 · EIN 75-3182674 | Securities Custodian | $13,257 |
Filed as: RPS RETIREMENT PLAN ADVISORS Service code 26 · EIN 74-2589344 | Advisory (Participants) | $5,950 |
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 | $289,485 | $95,274+203.8% | $135,903+113.0% | $74,419+289.0% |
| Participation rate | 85.9% | 78.2%+7.7pp | 81.9%+4.0pp | 70.7%+15.1pp |
| Annual return | 20.19% | 32.77%-12.6pp | 68.23%-48.0pp | 34.38%-14.2pp |
| Employer contribution / active EE | $12,664 | $3,874+226.9% | $4,856+160.8% | $2,637+380.2% |
| Participant deferral / active EE | $7,538 | $7,782-3.1% | $7,758-2.8% | $4,528+66.5% |
| Admin fee / account holder | $378 | $266+42.1% | $10,762-96.5% | $348+8.7% |