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 |
|---|---|---|
PAYCHEX, INC.6 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $22,251 |
Service code 26 · EIN 82-4032869 115 S ELM DR APT 212 · LOS ANGELES, CA 90035 | Advisory (Participants) | $14,643 |
401K GENERATION4 years Service code 13 · EIN 26-4477125 237 S. WESTMONTE AVE · ALTAMONTE SPRINGS, FL 32714 | Contract Administrator | $10,041 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,985 | $101,499-93.1% | $147,005-95.2% | $74,546-90.6% |
| Participation rate | 37.6% | 75.5%-38.0pp | 82.2%-44.6pp | 67.2%-29.7pp |
| Annual return | 11.95% | 8732.34%-8720.4pp | 418.76%-406.8pp | 1366.03%-1354.1pp |
| Employer contribution / active EE | $1,250 | $3,811-67.2% | $4,934-74.7% | $2,624-52.4% |
| Participant deferral / active EE | $2,054 | $7,304-71.9% | $8,070-74.5% | $4,347-52.7% |
| Admin fee / account holder | $137 | $1,748-92.2% | $13,006-98.9% | $1,944-92.9% |