Filed November 16, 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $32,300 |
BARTH FINANCIAL ADVISORS3 years Service code 27 · EIN 33-0780120 | Advisory (Plan) | $9,215 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,433 | $61,156-63.3% | $185,823-87.9% | $79,386-71.7% |
| Participation rate | 37.0% | 66.6%-29.6pp | 81.7%-44.7pp | 70.7%-33.7pp |
| Annual return | 11.29% | 19.45%-8.2pp | 122.05%-110.8pp | 116.85%-105.6pp |
| Employer contribution / active EE | $501 | $2,321-78.4% | $5,167-90.3% | $2,427-79.3% |
| Participant deferral / active EE | $840 | $2,789-69.9% | $5,568-84.9% | $4,046-79.2% |
| Admin fee / account holder | $333 | $710-53.1% | $16,237-97.9% | $626-46.8% |