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 BANK4+ years Service code 13 · EIN 06-1213065 | Contract Administrator | $15,731 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT GROUP Service code 13 · EIN 27-2037969 | Contract Administrator | $13,445 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $34,847 | $58,655-40.6% | $91,989-62.1% | $65,185-46.5% |
| Participation rate | 37.8% | 75.3%-37.5pp | 78.6%-40.8pp | 70.2%-32.4pp |
| Annual return | 24.63% | 33.92%-9.3pp | 69.02%-44.4pp | 29.38%-4.8pp |
| Employer contribution / active EE | $1,054 | $2,080-49.3% | $3,452-69.5% | $2,177-51.6% |
| Participant deferral / active EE | $1,882 | $5,474-65.6% | $5,923-68.2% | $3,514-46.4% |
| Admin fee / account holder | $369 | $434-14.9% | $7,743-95.2% | $847-56.4% |