Filed March 4, 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 |
|---|---|---|
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $45,371 |
Filed as: BURNHAM GIBSON WEALTH ADVISORS LLC Service code 27 · EIN 47-5476782 | Advisory (Plan) | $27,499 |
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 | $97,298 | $61,052+59.4% | $142,863-31.9% | $79,386+22.6% |
| Participation rate | 73.1% | 60.1%+13.0pp | 71.9%+1.2pp | 70.7%+2.4pp |
| Annual return | 16.21% | 16.02%+0.2pp | 5637.54%-5621.3pp | 116.85%-100.6pp |
| Employer contribution / active EE | $3,158 | $1,481+113.3% | $4,144-23.8% | $2,427+30.1% |
| Participant deferral / active EE | $7,642 | $2,879+165.4% | $3,837+99.2% | $4,046+88.9% |
| Admin fee / account holder | $352 | $659-46.6% | $6,560-94.6% | $626-43.8% |