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 | $33,900 |
Filed as: BURNHAM GIBSON WEALTH ADVISORS LLC Service code 27 · EIN 47-5476782 | Advisory (Plan) | $30,356 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $10,022 |
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 | $94,946 | $48,335+96.4% | $121,098-21.6% | $71,457+32.9% |
| Participation rate | 72.4% | 54.3%+18.2pp | 69.5%+3.0pp | 67.9%+4.5pp |
| Annual return | 21.02% | 23.32%-2.3pp | 985.75%-964.7pp | 28.85%-7.8pp |
| Employer contribution / active EE | $3,539 | $1,489+137.7% | $4,164-15.0% | $2,588+36.8% |
| Participant deferral / active EE | $8,563 | $2,754+210.9% | $4,080+109.9% | $4,289+99.7% |
| Admin fee / account holder | $301 | $1,841-83.7% | $5,644-94.7% | $1,587-81.1% |