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 |
|---|---|---|
THE BANK OF NEW YORK MELLON6 years Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085 | Advisory (Plan) | $51,086 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $50,118 |
Filed as: FLORIDA RETIREMENT CONS Service code 15 16703 EARLY RISER AVE STE 210 · LAND O LAKES, FL 34638 | Recordkeeping | $14,936 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,350 | $87,870-68.9% | $113,168-75.8% | $74,304-63.2% |
| Participation rate | 90.5% | 70.7%+19.8pp | 76.6%+13.9pp | 60.3%+30.2pp |
| Annual return | 13.96% | 26.44%-12.5pp | 24.27%-10.3pp | 29.43%-15.5pp |
| Employer contribution / active EE | $0 | $2,277-100.0% | $2,975-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $4,480 | $4,241+5.6% | $5,107-12.3% | $3,767+18.9% |
| Admin fee / account holder | $212 | $3,368-93.7% | $12,068-98.2% | $2,969-92.9% |