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 |
|---|---|---|
NATIONWIDE6 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $239,616 |
WELLS FARGO BANK, N.A.7 years Filed as: WELLS FARGO ADVISORS FIN NET Service code 27 · EIN 59-2617265 | Advisory (Plan) | $106,009 |
Filed as: LEAFHOUSE FINANCIAL ADVISORS LLC Service code 27 · EIN 26-4311657 | Advisory (Plan) | $70,907 |
ERISA SMART7 years Service code 16 · EIN 45-5529798 | Consulting | $35,450 |
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 | $164,921 | $50,127+229.0% | $149,673+10.2% | $80,160+105.7% |
| Participation rate | 60.0% | 64.3%-4.3pp | 78.8%-18.7pp | 72.9%-12.9pp |
| Annual return | 15.66% | 29.82%-14.2pp | 134.42%-118.8pp | 40.38%-24.7pp |
| Employer contribution / active EE | $1,400 | $1,865-24.9% | $4,818-70.9% | $2,978-53.0% |
| Participant deferral / active EE | $4,954 | $3,194+55.1% | $5,680-12.8% | $5,017-1.3% |
| Admin fee / account holder | $401 | $153+162.4% | $13,210-97.0% | $145+176.4% |