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 |
|---|---|---|
Service code 22 · EIN 04-3206618 | Insurance Broker | $43,290 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $22,712 |
Filed as: GREAT WEST LIFE Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $800 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $77,268 | $73,638+4.9% | $95,952-19.5% | $73,488+5.1% |
| Participation rate | 50.7% | 76.2%-25.5pp | 77.1%-26.4pp | 70.7%-20.0pp |
| Annual return | 14.31% | 16.78%-2.5pp | 91.61%-77.3pp | 28.51%-14.2pp |
| Employer contribution / active EE | $1,157 | $1,863-37.9% | $2,541-54.5% | $2,270-49.0% |
| Participant deferral / active EE | $3,769 | $3,617+4.2% | $4,167-9.5% | $3,740+0.8% |
| Admin fee / account holder | $288 | $482-40.3% | $6,795-95.8% | $513-43.9% |