See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.4 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $19,602 |
MORRISSEY WEALTH MANAGEMENT4 years Service code 15 · EIN 13-3749682 97 WASHINGTON AVE · NORTH HAVEN, CT 06473 | Recordkeeping | $8,469 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,080 | $47,126-74.4% | $149,673-91.9% | $74,419-83.8% |
| Participation rate | 41.6% | 63.4%-21.8pp | 78.8%-37.2pp | 70.7%-29.2pp |
| Annual return | 22.98% | 22.75%+0.2pp | 134.42%-111.4pp | 34.38%-11.4pp |
| Employer contribution / active EE | $0 | $1,905-100.0% | $4,818-100.0% | $2,637-100.0% |
| Participant deferral / active EE | $1,111 | $2,728-59.3% | $5,680-80.4% | $4,528-75.5% |
| Admin fee / account holder | $192 | $343-44.1% | $13,210-98.5% | $348-44.9% |