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 |
|---|---|---|
SUMMIT FINANCIAL CORPORATION4 years Service code 13 · EIN 04-3222046 | Contract Administrator | $87,538 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $350,760 | $89,652+291.2% | $141,162+148.5% | $65,185+438.1% |
| Participation rate | 85.4% | 74.7%+10.7pp | 82.5%+2.9pp | 70.2%+15.2pp |
| Annual return | 21.46% | 32.79%-11.3pp | 71.39%-49.9pp | 29.38%-7.9pp |
| Employer contribution / active EE | $2,753 | $3,065-10.2% | $4,735-41.9% | $2,177+26.5% |
| Participant deferral / active EE | $12,740 | $5,691+123.9% | $6,709+89.9% | $3,514+262.6% |
| Admin fee / account holder | $458 | $569-19.4% | $10,261-95.5% | $847-45.9% |