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 |
|---|---|---|
NATIONWIDE5+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $27,315 |
THE BENEFIT ADVANTAGE, INC.5+ years Filed as: THE BENEFIT ADVANTAGE Service code 13 · EIN 38-3254950 3497 AUBURN RD · AUBURN HILLS, MI 48432 | Contract Administrator | $7,599 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL, LLC Service code 27 3497 AUBURN RD · SAN DIEGO, CA 92121 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $110,573 | $65,376+69.1% | $87,100+26.9% | $65,185+69.6% |
| Participation rate | 40.9% | 75.3%-34.4pp | 76.9%-36.0pp | 70.2%-29.3pp |
| Annual return | 24.23% | 31.27%-7.0pp | 28.19%-4.0pp | 29.38%-5.1pp |
| Employer contribution / active EE | $857 | $1,822-53.0% | $2,521-66.0% | $2,177-60.6% |
| Participant deferral / active EE | $2,389 | $3,388-29.5% | $4,049-41.0% | $3,514-32.0% |
| Admin fee / account holder | $727 | $520+40.0% | $7,497-90.3% | $847-14.1% |