Filed November 13, 2023
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 |
|---|---|---|
BENEFIT CONSULTANTS GROUP2+ years Service code 13 · EIN 23-2383285 | Contract Administrator | $5,430 |
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.
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 | $18,024 | $46,173-61.0% | $170,442-89.4% | $69,631-74.1% |
| Participation rate | 36.0% | 63.9%-27.9pp | 83.6%-47.6pp | 70.7%-34.7pp |
| Annual return | 14.21% | 21.62%-7.4pp | 205.93%-191.7pp | 27571.02%-27556.8pp |
| Employer contribution / active EE | $343 | $1,610-78.7% | $5,433-93.7% | $2,032-83.1% |
| Participant deferral / active EE | $449 | $2,080-78.4% | $4,939-90.9% | $3,224-86.1% |
| Admin fee / account holder | $41 | $116-64.3% | $13,880-99.7% | $110-62.5% |