Filed May 4, 2018
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 |
|---|---|---|
CAMBRIDGE INVESTMENT RESEARCH7+ years Service code 27 · EIN 39-1897480 | Advisory (Plan) | $75,301 |
NFP RETIREMENT INC1 year Service code 27 · EIN 33-0905143 | Advisory (Plan) | $47,011 |
Service code 12 · EIN 13-3689044 | Direct payment from the plan; Recordk... | $39,007 |
NYHART1 year Service code 10 · EIN 35-0966414 | Accounting | $12,360 |
Filed as: ALDRICH CPAS AND ADVISORS Service code 10 · EIN 93-0623286 | Accounting | $10,025 |
NATIONAL FINANCIAL SERVICES7+ years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $133,914 | $104,317+28.4% | $159,436-16.0% | $86,799+54.3% |
| Participation rate | 100.0% | 77.7%+22.3pp | 82.8%+17.2pp | 72.3%+27.7pp |
| Annual return | 17.83% | 26.32%-8.5pp | 263.57%-245.7pp | 97.91%-80.1pp |
| Employer contribution / active EE | $2,159 | $3,451-37.4% | $4,829-55.3% | $2,405-10.2% |
| Participant deferral / active EE | $7,914 | $6,837+15.7% | $7,352+7.6% | $4,131+91.6% |
| Admin fee / account holder | $473 | $172+174.9% | $10,799-95.6% | $170+179.2% |