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 | $43,055 |
Filed as: BURNHAM GIBSON WEALTH ADVISORS LLC Service code 27 · EIN 47-5476782 | Advisory (Plan) | $29,249 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,765 | $45,602+72.7% | $117,472-32.9% | $66,914+17.7% |
| Participation rate | 70.5% | 57.6%+12.8pp | 70.6%-0.1pp | 69.8%+0.7pp |
| Annual return | -19.93% | -16.74%-3.2pp | 29.74%-49.7pp | 1.58%-21.5pp |
| Employer contribution / active EE | $3,112 | $1,579+97.1% | $4,176-25.5% | $2,544+22.3% |
| Participant deferral / active EE | $7,429 | $2,845+161.1% | $4,070+82.5% | $4,237+75.3% |
| Admin fee / account holder | $328 | $661-50.3% | $5,645-94.2% | $593-44.6% |