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 |
|---|---|---|
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $19,216 |
RAYMOND JAMES FINANCIAL SERVICES6+ years Service code 33 PO BOX 14527 · ST PETERSBURG, FL 337334527 | Securities brokerage commissions and ... | $17,875 |
Service code 17 7000 EAST GENESEE STREET · FAYETTEVILLE, NY 13066 | Pension Consulting | $5,381 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $26,018 | $58,879-55.8% | $178,490-85.4% | $73,488-64.6% |
| Participation rate | 49.8% | 66.2%-16.4pp | 81.9%-32.1pp | 70.7%-20.9pp |
| Annual return | 18.76% | 24.86%-6.1pp | 151.07%-132.3pp | 28.51%-9.8pp |
| Employer contribution / active EE | $153 | $2,236-93.2% | $5,011-97.0% | $2,270-93.3% |
| Participant deferral / active EE | $1,084 | $2,567-57.8% | $5,202-79.2% | $3,740-71.0% |
| Admin fee / account holder | $96 | $400-76.1% | $13,984-99.3% | $513-81.4% |