Filed May 28, 2015
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 |
|---|---|---|
THE BANK OF NEW YORK MELLON3 years Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085 | Advisory (Plan) | $91,956 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $75,855 |
HUNNEX AND SHOEMAKER, INC.4 years Service code 15 · EIN 91-1072394 | Recordkeeping | $4,750 |
HUNNEX AND SHOEMAKER, INC.3 years Filed as: HUNNEX & SHOEMAKER, INC. Service code 15 | Recordkeeping | $245 |
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 | $109,132 | $64,119+70.2% | $112,228-2.8% | $66,914+63.1% |
| Participation rate | 95.0% | 68.5%+26.5pp | 75.1%+19.9pp | 69.8%+25.2pp |
| Annual return | -17.12% | -13.81%-3.3pp | 27.45%-44.6pp | 1.58%-18.7pp |
| Employer contribution / active EE | $3,649 | $3,005+21.4% | $3,635+0.4% | $2,544+43.4% |
| Participant deferral / active EE | $11,397 | $3,693+208.6% | $4,728+141.1% | $4,237+169.0% |
| Admin fee / account holder | $638 | $625+2.0% | $6,410-90.1% | $593+7.5% |