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 |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK6+ years Service code 33 29 SAWYER ROAD · WALTHAM, MA 02453 | Securities brokerage; Other fees | $29,714 |
NATIONWIDE6+ years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $28,053 |
SUMMIT FINANCIAL CORPORATION6+ years Service code 13 · EIN 04-3222046 300 BALLARDVALE STREET · WILMINGTON, MA 01887 | Contract Administrator | $20,060 |
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 | $214,954 | $81,474+163.8% | $133,956+60.5% | $73,488+192.5% |
| Participation rate | 90.2% | 76.4%+13.8pp | 79.8%+10.4pp | 70.7%+19.5pp |
| Annual return | 16.85% | 19.40%-2.6pp | 45.09%-28.2pp | 28.51%-11.7pp |
| Employer contribution / active EE | $793 | $2,209-64.1% | $3,919-79.8% | $2,270-65.1% |
| Participant deferral / active EE | $8,793 | $3,786+132.2% | $5,048+74.2% | $3,740+135.1% |
| Admin fee / account holder | $714 | $713+0.1% | $8,927-92.0% | $513+39.2% |