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 |
|---|---|---|
Filed as: WEALTH ENHANCEMENT ADVISORY SERVICE Service code 13 · EIN 41-2016508 505 N HWY 169 · PLYMOUTH, MN 55441 | Contract Administrator | $26,366 |
PAYCHEX, INC.6 years Service code 13 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Contract Administrator | $16,213 |
Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788 | Contract Administrator | $7,210 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,624 | $56,423-8.5% | $77,163-33.1% | $71,457-27.8% |
| Participation rate | 86.0% | 64.3%+21.7pp | 69.6%+16.4pp | 67.9%+18.0pp |
| Annual return | 14.00% | 19.05%-5.0pp | 37.87%-23.9pp | 28.85%-14.8pp |
| Employer contribution / active EE | $3,261 | $1,866+74.8% | $2,535+28.6% | $2,588+26.0% |
| Participant deferral / active EE | $4,456 | $3,142+41.8% | $3,833+16.2% | $4,289+3.9% |
| Admin fee / account holder | $304 | $1,429-78.7% | $5,472-94.4% | $1,587-80.9% |