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 |
|---|---|---|
LPL FINANCIAL2 years Filed as: LPL FINANCIAL - RP COMPENSATIO Service code 13 PO BOX 502533 · SAN DIEGO, CA 92150 | Contract Administrator | $14,735 |
PAYCHEX, INC.4+ years Service code 13 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Contract Administrator | $14,072 |
401K GENERATION1 year Service code 13 · EIN 26-4477125 195 INTERNATIONAL PARKWAY · LAKE MARY, FL 32746 | Contract Administrator | $7,727 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $76,442 | $35,485+115.4% | $74,550+2.5% | $55,725+37.2% |
| Participation rate | 22.7% | 62.5%-39.8pp | 69.1%-46.4pp | 70.9%-48.1pp |
| Annual return | 2.21% | 0.72%+1.5pp | 32.53%-30.3pp | 244.93%-242.7pp |
| Employer contribution / active EE | $576 | $777-25.9% | $1,961-70.6% | $2,078-72.3% |
| Participant deferral / active EE | $1,220 | $2,181-44.1% | $3,108-60.8% | $3,356-63.7% |
| Admin fee / account holder | $316 | $114+176.7% | $5,060-93.7% | $115+174.6% |