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 |
|---|---|---|
NFP RETIREMENT INC2 years Service code 27 · EIN 33-0905143 | Advisory (Plan) | $98,463 |
Service code 12 · EIN 13-3689044 | Participant loan processing; Sales lo... | $43,098 |
Filed as: ALDRICH CPAS AND ADVISORS Service code 10 · EIN 93-0623286 | Accounting | $10,000 |
NATIONAL FINANCIAL SERVICES8+ 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.)
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 | $89,805 | $82,202+9.2% | $125,339-28.4% | $64,808+38.6% |
| Participation rate | 100.0% | 77.9%+22.1pp | 82.4%+17.6pp | 71.5%+28.5pp |
| Annual return | -15.67% | 3.48%-19.1pp | 572.05%-587.7pp | 32.82%-48.5pp |
| Employer contribution / active EE | $2,535 | $3,615-29.9% | $4,814-47.3% | $2,506+1.2% |
| Participant deferral / active EE | $7,440 | $7,175+3.7% | $7,446-0.1% | $4,310+72.6% |
| Admin fee / account holder | $312 | $163+91.0% | $10,010-96.9% | $188+66.1% |