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 26 · EIN 41-2016508 505 N HWY 169 · PLYMOUTH, MN 55441 | Advisory (Participants) | $32,191 |
PAYCHEX, INC.7 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $20,181 |
Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788 | Contract Administrator | $7,380 |
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 | $59,690 | $62,127-3.9% | $81,382-26.7% | $74,495-19.9% |
| Participation rate | 83.1% | 64.0%+19.0pp | 69.5%+13.6pp | 67.2%+15.9pp |
| Annual return | 12.02% | 16.48%-4.5pp | 24.73%-12.7pp | 1364.94%-1352.9pp |
| Employer contribution / active EE | $3,246 | $1,882+72.5% | $2,463+31.8% | $2,623+23.8% |
| Participant deferral / active EE | $4,621 | $3,229+43.1% | $3,883+19.0% | $4,346+6.3% |
| Admin fee / account holder | $353 | $1,934-81.7% | $5,768-93.9% | $1,942-81.8% |