Filed January 4, 2024 (most recent of 3 filings on file)
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 |
|---|---|---|
BANKPLUS WEALTH MANAGEMENT5+ years Filed as: BANKPLUS WEALTH MANAGEMENT GROUP Service code 27 · EIN 64-0134513 | Advisory (Plan) | $156,159 |
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $91,338 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $48,066 | $62,928-23.6% | $172,739-72.2% | $67,579-28.9% |
| Participation rate | 68.2% | 64.5%+3.8pp | 82.6%-14.4pp | 71.3%-3.0pp |
| Annual return | 18.04% | 30.36%-12.3pp | 802.84%-784.8pp | 378.56%-360.5pp |
| Employer contribution / active EE | $1,728 | $1,636+5.6% | $5,143-66.4% | $2,148-19.6% |
| Participant deferral / active EE | $2,235 | $2,145+4.2% | $5,198-57.0% | $3,539-36.9% |
| Admin fee / account holder | $236 | $167+41.7% | $13,954-98.3% | $142+66.0% |