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: AMERIPRISE FINANCIAL SERVICES LLC Service code 26 · EIN 38-2722519 300 EXECUTIVE DRIVE · WEST ORANGE, NJ 07052 | Advisory (Participants) | $8,759 |
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14021 | Recordkeeping | $0 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $102,255 | $37,393+173.5% | $77,024+32.8% | $66,914+52.8% |
| Participation rate | 10.1% | 52.9%-42.8pp | 67.9%-57.8pp | 69.8%-59.7pp |
| Annual return | -20.18% | -3.29%-16.9pp | 42.32%-62.5pp | 1.58%-21.8pp |
| Employer contribution / active EE | $326 | $1,531-78.7% | $2,812-88.4% | $2,544-87.2% |
| Participant deferral / active EE | $570 | $2,617-78.2% | $4,426-87.1% | $4,237-86.6% |
| Admin fee / account holder | $909 | $567+60.5% | $5,425-83.2% | $593+53.3% |