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 |
|---|---|---|
NATIONWIDE1 year Service code 12 ONE NATIOINWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping fees; Claims processing | $31,637 |
Filed as: AMERIPRISE FINANCIAL SERVICES Service code 22 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474 | Insurance Broker | $11,552 |
Service code 13 35 PINELAWN ROAD, SUITE 103E · MELVILLE, NY 11747 | Contract Administrator | $7,854 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $66,671 | $80,753-17.4% | $136,294-51.1% | $62,292+7.0% |
| Participation rate | 55.1% | 73.5%-18.5pp | 81.9%-26.8pp | 69.5%-14.4pp |
| Annual return | 18.92% | 35.83%-16.9pp | 5155.94%-5137.0pp | 28.90%-10.0pp |
| Employer contribution / active EE | $382 | $2,884-86.8% | $4,695-91.9% | $2,042-81.3% |
| Participant deferral / active EE | $4,437 | $5,164-14.1% | $6,247-29.0% | $3,169+40.0% |
| Admin fee / account holder | $399 | $525-24.1% | $9,243-95.7% | $479-16.8% |