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 |
|---|---|---|
SUMMIT FINANCIAL CORPORATION3+ years Service code 13 · EIN 02-6405960 700 DISTRICT AVE · BURLINGTON, MA 01803 | Contract Administrator | $60,150 |
NATIONWIDE3+ years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $15,693 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $63,289 | $53,925+17.4% | $75,670-16.4% | $69,631-9.1% |
| Participation rate | 42.5% | 71.2%-28.7pp | 72.3%-29.9pp | 70.7%-28.2pp |
| Annual return | 18.26% | 17.84%+0.4pp | 27.34%-9.1pp | 27571.02%-27552.8pp |
| Employer contribution / active EE | $1,131 | $1,802-37.3% | $2,352-51.9% | $2,032-44.4% |
| Participant deferral / active EE | $1,807 | $2,569-29.7% | $3,142-42.5% | $3,224-44.0% |
| Admin fee / account holder | $213 | $97+119.4% | $5,800-96.3% | $110+92.9% |