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 |
|---|---|---|
Filed as: MAGII PENSIONSERVICES LLC Service code 13 490 WHEELER RD STE 265 · HAUPPAUGE, NY 117884365 | Contract Administrator | $48,097 |
AMERICAN FUNDS2 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $16,915 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,386 | $37,393+50.8% | $77,024-26.8% | $66,914-15.7% |
| Participation rate | 66.7% | 52.9%+13.8pp | 67.9%-1.2pp | 69.8%-3.1pp |
| Annual return | -14.38% | -3.29%-11.1pp | 42.32%-56.7pp | 1.58%-16.0pp |
| Employer contribution / active EE | $2,354 | $1,531+53.8% | $2,812-16.3% | $2,544-7.5% |
| Participant deferral / active EE | $1,897 | $2,617-27.5% | $4,426-57.1% | $4,237-55.2% |
| Admin fee / account holder | $379 | $567-33.2% | $5,425-93.0% | $593-36.2% |