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 |
|---|---|---|
THE BENEFIT PRACTICE4 years Service code 50 · EIN 13-4144565 | Direct Payment | $4,000 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 13-3646501 | Recordkeeping | $1,589 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,387 | $100,801-71.8% | $149,696-81.0% | $73,409-61.3% |
| Participation rate | 57.0% | 77.7%-20.6pp | 82.5%-25.4pp | 72.2%-15.1pp |
| Annual return | 15.62% | 265.34%-249.7pp | 276.60%-261.0pp | 59.29%-43.7pp |
| Employer contribution / active EE | $183 | $3,312-94.5% | $4,644-96.1% | $2,234-91.8% |
| Participant deferral / active EE | $4,934 | $6,404-23.0% | $6,842-27.9% | $3,805+29.7% |
| Admin fee / account holder | $17 | $181-90.9% | $9,309-99.8% | $158-89.5% |