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: RAYMOND JAMES FINANCIAL Service code 26 · EIN 59-2937883 | Advisory (Participants) | $2,955 |
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,503 |
Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 | Recordkeeping | $175 |
Service code 13 · EIN 26-1570786 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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.
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $15,278 | $55,790-72.6% | $76,817-80.1% | $67,579-77.4% |
| Participation rate | 30.4% | 71.1%-40.7pp | 72.1%-41.6pp | 71.3%-40.8pp |
| Annual return | 35.14% | 64.45%-29.3pp | 1166.11%-1131.0pp | 378.56%-343.4pp |
| Employer contribution / active EE | $329 | $1,810-81.8% | $2,302-85.7% | $2,148-84.7% |
| Participant deferral / active EE | $1,306 | $2,875-54.6% | $3,336-60.9% | $3,539-63.1% |
| Admin fee / account holder | $105 | $159-33.8% | $6,420-98.4% | $142-25.9% |