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 |
|---|---|---|
MVP PLAN ADMINISTRATORS, INC.1+ years Filed as: MVP PLAN ADMINISTRATORS, INC Service code 13 · EIN 56-2263714 | Contract Administrator | $10,534 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $11,139 | $70,002-84.1% | $115,037-90.3% | $52,331-78.7% |
| Participation rate | 69.0% | 72.1%-3.1pp | 81.4%-12.4pp | 68.1%+0.9pp |
| Annual return | 13.12% | 4.04%+9.1pp | 26.14%-13.0pp | 4.54%+8.6pp |
| Employer contribution / active EE | $1,096 | $2,715-59.6% | $4,608-76.2% | $1,882-41.7% |
| Participant deferral / active EE | $2,551 | $4,920-48.1% | $6,026-57.7% | $3,022-15.6% |
| Admin fee / account holder | $120 | $566-78.9% | $8,175-98.5% | $592-79.8% |