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 Filed as: PEOPLE'S UNITED BANK, N.A. Service code 15 · EIN 06-1213065 | Recordkeeping | $30,795 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $84,065 | $54,541+54.1% | $78,778+6.7% | $70,131+19.9% |
| Participation rate | 38.9% | 60.8%-21.9pp | 69.2%-30.2pp | 69.5%-30.6pp |
| Annual return | 17.27% | 21.07%-3.8pp | 35.62%-18.4pp | 73.14%-55.9pp |
| Employer contribution / active EE | $0 | $1,089-100.0% | $1,986-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $2,008 | $2,210-9.1% | $2,958-32.1% | $3,332-39.7% |
| Admin fee / account holder | $604 | $3,709-83.7% | $5,134-88.2% | $4,645-87.0% |