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 |
|---|---|---|
NATIONWIDE1 year Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $16,161 |
SUNTRUST BANKS, INC.1 year Filed as: SUNTRUST BANK INC. Service code 27 303 PEACHTREE ST NE · ATLANTA, GA 30308 | Advisory (Plan) | $6,270 |
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).
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 | $7,234 | $66,310-89.1% | $93,606-92.3% | $65,185-88.9% |
| Participation rate | 100.0% | 74.0%+26.0pp | 75.8%+24.2pp | 70.2%+29.8pp |
| Annual return | 22.84% | 42.58%-19.7pp | 32.76%-9.9pp | 29.38%-6.5pp |
| Employer contribution / active EE | $794 | $2,012-60.6% | $2,718-70.8% | $2,177-63.5% |
| Participant deferral / active EE | $1,174 | $3,342-64.9% | $4,069-71.2% | $3,514-66.6% |
| Admin fee / account holder | $67 | $6,897-99.0% | $7,888-99.2% | $847-92.1% |