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 | $30,614 |
BARTH FINANCIAL ADVISORS4 years Service code 27 · EIN 33-0780120 | Advisory (Plan) | $9,653 |
Filed as: WILSHIRE ADVISORS LLC 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.)
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 | $18,069 | $65,061-72.2% | $143,757-87.4% | $66,914-73.0% |
| Participation rate | 35.6% | 65.2%-29.6pp | 80.3%-44.7pp | 69.8%-34.2pp |
| Annual return | -16.91% | -11.14%-5.8pp | -0.04%-16.9pp | 1.58%-18.5pp |
| Employer contribution / active EE | $558 | $2,361-76.4% | $4,951-88.7% | $2,544-78.1% |
| Participant deferral / active EE | $920 | $2,919-68.5% | $5,637-83.7% | $4,237-78.3% |
| Admin fee / account holder | $312 | $502-37.8% | $14,673-97.9% | $593-47.3% |