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 |
|---|---|---|
PAYCHEX, INC.6 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $9,497 |
EXCEL WEALTH MANAGEMENT, LLC2 years Service code 15 · EIN 81-2780637 935 MAIN ST. · MANCHESTER, CT 06040 | Recordkeeping | $7,740 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,889 | $71,883-45.9% | $86,677-55.1% | $68,494-43.2% |
| Participation rate | 61.3% | 72.2%-10.9pp | 76.6%-15.3pp | 67.9%-6.6pp |
| Annual return | -14.91% | 3.52%-18.4pp | 35.91%-50.8pp | -7.84%-7.1pp |
| Employer contribution / active EE | $325 | $2,173-85.1% | $2,836-88.6% | $2,596-87.5% |
| Participant deferral / active EE | $2,016 | $3,779-46.6% | $4,656-56.7% | $4,027-49.9% |
| Admin fee / account holder | $219 | $6,112-96.4% | $7,493-97.1% | $5,403-95.9% |