Filed March 11, 2024
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 3-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 |
|---|---|---|
SENTINEL PENSION ADVISORS2+ years Service code 15 · EIN 04-3422848 | Recordkeeping | $31,501 |
Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 20-5916766 | Recordkeeping | $25,092 |
NATIONAL FINANCIAL SERVICES2+ years Service code 15 · EIN 04-3523567 | Recordkeeping | $6,222 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,739 | $76,670+32.7% | $96,683+5.2% | $71,457+42.4% |
| Participation rate | 90.2% | 66.6%+23.6pp | 74.3%+15.8pp | 67.9%+22.2pp |
| Annual return | 15.97% | 48.29%-32.3pp | 35.69%-19.7pp | 28.85%-12.9pp |
| Employer contribution / active EE | $1,496 | $3,031-50.6% | $3,737-60.0% | $2,588-42.2% |
| Participant deferral / active EE | $7,968 | $3,771+111.3% | $4,878+63.3% | $4,289+85.8% |
| Admin fee / account holder | $442 | $2,028-78.2% | $6,730-93.4% | $1,587-72.2% |