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 5-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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $21,336 |
MGKS1 year Service code 13 · EIN 86-1001235 | Contract Administrator | $18,381 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,183 | $80,724-84.9% | $103,333-88.2% | $74,495-83.6% |
| Participation rate | 86.9% | 65.7%+21.2pp | 74.5%+12.4pp | 67.2%+19.7pp |
| Annual return | 9.52% | 27.56%-18.0pp | 24.88%-15.4pp | 1364.94%-1355.4pp |
| Employer contribution / active EE | $4,357 | $3,157+38.0% | $3,868+12.6% | $2,623+66.1% |
| Participant deferral / active EE | $1,729 | $3,860-55.2% | $5,057-65.8% | $4,346-60.2% |
| Admin fee / account holder | $315 | $2,368-86.7% | $8,355-96.2% | $1,942-83.8% |