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 MANAGEMENT8+ years Filed as: BANKPLUS WEALTH MANAGEMENT GROUP Service code 27 · EIN 64-0134513 | Advisory (Plan) | $126,040 |
NEWPORT GROUP, INC.5 years Service code 15 · EIN 27-2037969 | Recordkeeping | $97,768 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,963 | $46,292+14.4% | $143,757-63.2% | $64,808-18.3% |
| Participation rate | 69.2% | 64.2%+5.0pp | 80.3%-11.1pp | 71.5%-2.3pp |
| Annual return | -16.55% | -10.05%-6.5pp | -0.04%-16.5pp | 32.82%-49.4pp |
| Employer contribution / active EE | $1,616 | $1,910-15.4% | $4,951-67.4% | $2,506-35.5% |
| Participant deferral / active EE | $2,119 | $2,646-19.9% | $5,637-62.4% | $4,310-50.8% |
| Admin fee / account holder | $253 | $154+64.3% | $14,673-98.3% | $188+34.5% |