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 |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $30,532 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 27 · EIN 27-4171978 | Advisory (Plan) | $26,046 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,240 | $86,897-64.0% | $151,611-79.4% | $64,808-51.8% |
| Participation rate | 30.8% | 87.3%-56.5pp | 87.5%-56.7pp | 71.5%-40.7pp |
| Annual return | -8.56% | -3.57%-5.0pp | 3.33%-11.9pp | 32.82%-41.4pp |
| Employer contribution / active EE | $0 | $4,010-100.0% | $6,166-100.0% | $2,506-100.0% |
| Participant deferral / active EE | $2,184 | $6,690-67.4% | $8,363-73.9% | $4,310-49.3% |
| Admin fee / account holder | $222 | $153+45.1% | $11,616-98.1% | $188+18.1% |