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 |
|---|---|---|
PEOPLE'S UNITED BANK1+ years Service code 15 · EIN 06-1213065 | Recordkeeping | $38,139 |
BERRY DUNN1+ years Filed as: BERRY DUNN MCNEIL & PARKER LLC Service code 10 · EIN 01-0523282 100 MIDDLE STREET · PORTLAND, ME 04104 | Accounting | $11,895 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $13,546 | $46,745-71.0% | $60,547-77.6% | $52,331-74.1% |
| Participation rate | 78.7% | 58.6%+20.2pp | 68.0%+10.8pp | 68.1%+10.6pp |
| Annual return | 1.31% | 0.61%+0.7pp | 335.64%-334.3pp | 4.54%-3.2pp |
| Employer contribution / active EE | $190 | $1,259-84.9% | $2,419-92.2% | $1,882-89.9% |
| Participant deferral / active EE | $1,442 | $2,145-32.8% | $3,328-56.7% | $3,022-52.3% |
| Admin fee / account holder | $214 | $537-60.2% | $4,536-95.3% | $592-63.9% |