Filed March 22, 2024
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 |
|---|---|---|
T ROWE PRICE RPS INC9+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202 | Recordkeeping | $315,679 |
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.
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 | $118,321 | $118,464-0.1% | $96,544+22.6% | $103,482+14.3% |
| Participation rate | 64.1% | 89.0%-24.9pp | 76.0%-11.9pp | 73.3%-9.2pp |
| Annual return | 20.54% | 18.79%+1.7pp | 25.84%-5.3pp | 33.11%-12.6pp |
| Employer contribution / active EE | $1,455 | $4,210-65.4% | $2,965-50.9% | $3,208-54.6% |
| Participant deferral / active EE | $4,706 | $7,277-35.3% | $4,851-3.0% | $5,207-9.6% |
| Admin fee / account holder | $58 | $81-27.9% | $8,252-99.3% | $114-48.8% |