Filed April 4, 2018 (most recent of 3 filings on file)
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 |
|---|---|---|
NATIONWIDE4 years Service code 15 · EIN 31-4156830 | Recordkeeping | $255,618 |
WELLS FARGO BANK, N.A.5 years Filed as: WELLS FARGO ADVISORS FIN NET Service code 27 · EIN 59-2617265 | Advisory (Plan) | $116,727 |
Filed as: LEAFHOUSE FINANCIAL ADVISORS LLC Service code 27 · EIN 26-4311657 | Advisory (Plan) | $77,978 |
ERISA SMART5 years Service code 16 · EIN 45-5529798 | Consulting | $35,143 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $127,164 | $67,512+88.4% | $185,823-31.6% | $93,030+36.7% |
| Participation rate | 61.2% | 67.1%-5.9pp | 81.7%-20.5pp | 73.9%-12.7pp |
| Annual return | 14.19% | 21.04%-6.8pp | 122.05%-107.9pp | 158.70%-144.5pp |
| Employer contribution / active EE | $1,394 | $1,783-21.8% | $5,167-73.0% | $2,706-48.5% |
| Participant deferral / active EE | $4,673 | $3,035+54.0% | $5,568-16.1% | $4,562+2.4% |
| Admin fee / account holder | $310 | $318-2.5% | $16,237-98.1% | $152+104.2% |