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 |
|---|---|---|
QUALIFIED PLANS, LLC1+ years Filed as: QUALIFIED PLAN CONSULTANTS Service code 17 · EIN 20-0223513 | Pension Consulting | $4,709 |
Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 | Recordkeeping | $336 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $16,527 | $45,283-63.5% | $155,790-89.4% | $52,331-68.4% |
| Participation rate | 38.3% | 62.2%-23.9pp | 76.1%-37.8pp | 68.1%-29.8pp |
| Annual return | -1.05% | 1.80%-2.9pp | 71.54%-72.6pp | 4.54%-5.6pp |
| Employer contribution / active EE | $175 | $1,329-86.8% | $3,836-95.4% | $1,882-90.7% |
| Participant deferral / active EE | $1,135 | $2,854-60.2% | $4,797-76.3% | $3,022-62.5% |
| Admin fee / account holder | $50 | $981-94.9% | $7,478-99.3% | $592-91.6% |