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 INC10+ years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231 | Recordkeeping | $324,680 |
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 | $130,167 | $159,391-18.3% | $102,423+27.1% | $99,062+31.4% |
| Participation rate | 63.8% | 88.6%-24.8pp | 76.5%-12.7pp | 71.6%-7.8pp |
| Annual return | 15.04% | 19.03%-4.0pp | 29.32%-14.3pp | 17.66%-2.6pp |
| Employer contribution / active EE | $1,469 | $4,207-65.1% | $3,023-51.4% | $3,262-55.0% |
| Participant deferral / active EE | $4,777 | $7,498-36.3% | $5,053-5.5% | $5,331-10.4% |
| Admin fee / account holder | $60 | $159-62.6% | $9,451-99.4% | $109-45.4% |