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 |
|---|---|---|
BOIVIN & ASSOCIATES5 years Filed as: BOIVIN & ASSOCIATES, CPA'S PLLC Service code 15 · EIN 27-1516157 | Recordkeeping | $6,500 |
Filed as: COMMONWEALTH EQUITY SERVICES, INC. Service code 15 · EIN 04-2675571 | Recordkeeping | $6,064 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $5,206 |
ADP BROKER-DEALER6+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,441 | $52,293-74.3% | $178,490-92.5% | $73,409-81.7% |
| Participation rate | 26.1% | 65.3%-39.2pp | 81.9%-55.8pp | 72.2%-46.0pp |
| Annual return | 11.59% | 34.75%-23.2pp | 151.07%-139.5pp | 59.29%-47.7pp |
| Employer contribution / active EE | $456 | $1,735-73.7% | $5,011-90.9% | $2,234-79.6% |
| Participant deferral / active EE | $1,009 | $2,332-56.8% | $5,202-80.6% | $3,805-73.5% |
| Admin fee / account holder | $127 | $127-0.3% | $13,984-99.1% | $158-19.6% |