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 |
|---|---|---|
WARREN AVERETT, LLC3+ years Filed as: WARREN AVERETT ASSET MANAGEMENT Service code 15 · EIN 63-1229657 2500 ACTON ROAD · BIRMINGHAM, AL 35243 | Recordkeeping | $33,260 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $11,354 | $155,795-92.7% | $136,294-91.7% | $69,631-83.7% |
| Participation rate | 31.1% | 75.2%-44.1pp | 81.9%-50.8pp | 70.7%-39.6pp |
| Annual return | 32.04% | 232464.33%-232432.3pp | 5155.94%-5123.9pp | 27571.02%-27539.0pp |
| Employer contribution / active EE | $678 | $2,991-77.3% | $4,695-85.6% | $2,032-66.6% |
| Participant deferral / active EE | $1,546 | $5,394-71.3% | $6,247-75.3% | $3,224-52.0% |
| Admin fee / account holder | $127 | $128-1.0% | $9,243-98.6% | $110+14.9% |