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Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,528 | $45,343+15.8% | $150,298-65.1% | $67,986-22.7% |
| Participation rate | 63.5% | 51.9%+11.7pp | 77.8%-14.2pp | 57.2%+6.3pp |
| Annual return | 9.09% | 33.28%-24.2pp | 62.79%-53.7pp | 31.67%-22.6pp |
| Employer contribution / active EE | $1,491 | $1,462+2.0% | $4,154-64.1% | $2,019-26.2% |
| Participant deferral / active EE | $2,933 | $2,055+42.7% | $5,453-46.2% | $3,358-12.7% |
| Admin fee / account holder | $177 | $2,250-92.1% | $14,116-98.7% | $3,203-94.5% |