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 13 · EIN 06-1213065 | Contract Administrator | $33,306 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $63,631 | $59,186+7.5% | $76,768-17.1% | $56,287+13.0% |
| Participation rate | 70.3% | 75.2%-5.0pp | 77.0%-6.7pp | 69.9%+0.4pp |
| Annual return | -4.12% | 6.62%-10.7pp | 2.43%-6.5pp | -9.96%+5.8pp |
| Employer contribution / active EE | $926 | $1,759-47.3% | $2,485-62.7% | $2,111-56.1% |
| Participant deferral / active EE | $3,577 | $3,255+9.9% | $3,852-7.1% | $3,350+6.8% |
| Admin fee / account holder | $382 | $489-22.0% | $6,675-94.3% | $521-26.7% |