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 |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 15 F AND C LOCKBOX PO BOX 851704 · MINNEAPOLIS, MN 55485 | Recordkeeping | $22,230 |
NATIONWIDE10+ years Service code 13 · EIN 31-4177100 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Contract Administrator | $21,155 |
LONG ISLAND EMPLOYEE BENEFITS GROUP10+ years Service code 17 · EIN 11-2931438 325 WIRELESS BLVD · HAUPPAUGE, NY 11788 | Pension Consulting | $7,125 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,528 | $49,915+5.2% | $154,803-66.1% | $74,304-29.3% |
| Participation rate | 63.5% | 54.0%+9.6pp | 78.1%-14.6pp | 60.3%+3.2pp |
| Annual return | 9.09% | 34.06%-25.0pp | 58.88%-49.8pp | 29.43%-20.3pp |
| Employer contribution / active EE | $1,491 | $1,611-7.5% | $4,305-65.4% | $2,241-33.5% |
| Participant deferral / active EE | $2,933 | $2,255+30.1% | $5,540-47.1% | $3,767-22.1% |
| Admin fee / account holder | $177 | $2,189-91.9% | $14,329-98.8% | $2,969-94.0% |