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 BANK3+ years Service code 13 · EIN 06-1213065 | Contract Administrator | $50,581 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $63,996 | $50,385+27.0% | $75,670-15.4% | $62,292+2.7% |
| Participation rate | 70.6% | 67.7%+2.8pp | 72.3%-1.8pp | 69.5%+1.0pp |
| Annual return | 14.55% | 19.90%-5.3pp | 27.34%-12.8pp | 28.90%-14.3pp |
| Employer contribution / active EE | $1,058 | $1,537-31.2% | $2,352-55.0% | $2,042-48.2% |
| Participant deferral / active EE | $2,769 | $2,445+13.3% | $3,142-11.9% | $3,169-12.6% |
| Admin fee / account holder | $342 | $384-11.0% | $5,800-94.1% | $479-28.7% |