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 |
|---|---|---|
HUNTINGTON NATIONAL BANK8+ years Service code 15 · EIN 31-0966785 | Recordkeeping | $20,418 |
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $5,614 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,586 | $65,435-5.9% | $86,677-28.9% | $66,914-8.0% |
| Participation rate | 52.0% | 75.5%-23.5pp | 76.6%-24.6pp | 69.8%-17.8pp |
| Annual return | -17.73% | -10.89%-6.8pp | 35.91%-53.6pp | 1.58%-19.3pp |
| Employer contribution / active EE | $579 | $2,153-73.1% | $2,836-79.6% | $2,544-77.2% |
| Participant deferral / active EE | $2,353 | $4,100-42.6% | $4,656-49.5% | $4,237-44.5% |
| Admin fee / account holder | $307 | $642-52.2% | $7,493-95.9% | $593-48.3% |