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 MELLON4 years Filed as: BANK OF AMERICA NA Service code 17 · EIN 13-5674085 | Pension Consulting | $44,904 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $33,032 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $14,076 |
HUNNEX AND SHOEMAKER, INC.5 years Service code 15 · EIN 91-1072394 | Recordkeeping | $3,700 |
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 | $131,445 | $76,670+71.4% | $96,683+36.0% | $71,457+83.9% |
| Participation rate | 93.5% | 66.6%+26.9pp | 74.3%+19.1pp | 67.9%+25.6pp |
| Annual return | 20.18% | 48.29%-28.1pp | 35.69%-15.5pp | 28.85%-8.7pp |
| Employer contribution / active EE | $3,679 | $3,031+21.4% | $3,737-1.5% | $2,588+42.2% |
| Participant deferral / active EE | $10,965 | $3,771+190.8% | $4,878+124.8% | $4,289+155.7% |
| Admin fee / account holder | $348 | $2,028-82.8% | $6,730-94.8% | $1,587-78.1% |