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 |
|---|---|---|
GLENS FALLS NATIONAL BANK AND TRUST10+ years Service code 15 · EIN 14-0696635 | Recordkeeping | $19,243 |
CMJ, LLP1 year Filed as: CMJ LLP Service code 10 · EIN 14-1710385 | Accounting | $18,500 |
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 | $8,053 | $88,982-91.0% | $102,438-92.1% | $77,671-89.6% |
| Participation rate | 44.4% | 80.9%-36.5pp | 76.5%-32.1pp | 70.6%-26.2pp |
| Annual return | 15.08% | 25.01%-9.9pp | 29.37%-14.3pp | 31.21%-16.1pp |
| Employer contribution / active EE | $0 | $2,698-100.0% | $3,024-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $788 | $5,144-84.7% | $5,054-84.4% | $4,648-83.0% |
| Admin fee / account holder | $161 | $236-31.8% | $9,448-98.3% | $430-62.7% |