Filed January 31, 2020 (most recent of 3 filings on file)
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 9-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 |
|---|---|---|
STRATEGIC ADVOCATES LLC2 years Filed as: STRATEGIC ADVOCATES Service code 27 · EIN 87-1916642 | Advisory (Plan) | $58,982 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $22,532 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $41,242 | $59,623-30.8% | $95,585-56.9% | $85,563-51.8% |
| Participation rate | 23.6% | 57.2%-33.7pp | 72.1%-48.5pp | 66.0%-42.4pp |
| Annual return | 18.08% | 18.22%-0.1pp | 38.56%-20.5pp | 31.51%-13.4pp |
| Employer contribution / active EE | $641 | $1,669-61.6% | $2,527-74.6% | $2,654-75.8% |
| Participant deferral / active EE | $1,195 | $3,357-64.4% | $4,023-70.3% | $4,375-72.7% |
| Admin fee / account holder | $500 | $650-23.0% | $6,127-91.8% | $834-40.0% |