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 MANAGEMENT9+ years Filed as: BANKPLUS WEALTH MANAGEMENT GROUP Service code 27 · EIN 64-0134513 | Advisory (Plan) | $120,302 |
NEWPORT GROUP, INC.6 years Service code 15 · EIN 27-2037969 | Recordkeeping | $80,897 |
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 | $60,973 | $47,126+29.4% | $149,673-59.3% | $74,419-18.1% |
| Participation rate | 65.8% | 63.4%+2.4pp | 78.8%-13.0pp | 70.7%-4.9pp |
| Annual return | 14.79% | 22.75%-8.0pp | 134.42%-119.6pp | 34.38%-19.6pp |
| Employer contribution / active EE | $1,583 | $1,905-16.9% | $4,818-67.1% | $2,637-40.0% |
| Participant deferral / active EE | $2,285 | $2,728-16.2% | $5,680-59.8% | $4,528-49.5% |
| Admin fee / account holder | $231 | $343-32.7% | $13,210-98.3% | $348-33.7% |