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 BANK2+ years Service code 15 · EIN 06-1213065 | Recordkeeping | $37,899 |
BERRY DUNN2+ years Filed as: BERRY DUNN MCNEIL & PARKER LLC Service code 10 · EIN 01-0523282 100 MIDDLE STREET · PORTLAND, ME 04104 | Accounting | $12,500 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $12,400 | $39,819-68.9% | $67,834-81.7% | $57,658-78.5% |
| Participation rate | 81.7% | 61.2%+20.5pp | 68.8%+13.0pp | 70.2%+11.5pp |
| Annual return | 10.31% | 9.19%+1.1pp | 138.47%-128.2pp | 5.13%+5.2pp |
| Employer contribution / active EE | $284 | $1,277-77.8% | $2,403-88.2% | $1,974-85.6% |
| Participant deferral / active EE | $1,349 | $2,209-38.9% | $3,160-57.3% | $3,061-55.9% |
| Admin fee / account holder | $185 | $84+120.8% | $4,622-96.0% | $95+95.3% |