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 6-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.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $11,091 |
CETERA ADVISOR NETWORKS LLC5 years Filed as: CWM, LLC Service code 26 · EIN 27-4011107 13321 CALIFORNIA STREET · OMAHA, NE 68154 | Advisory (Participants) | $9,776 |
Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788 | Contract Administrator | $5,365 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,209 | $87,870-64.5% | $113,168-72.4% | $74,304-58.0% |
| Participation rate | 62.7% | 70.7%-8.1pp | 76.6%-13.9pp | 60.3%+2.3pp |
| Annual return | 15.76% | 26.44%-10.7pp | 24.27%-8.5pp | 29.43%-13.7pp |
| Employer contribution / active EE | $998 | $2,277-56.2% | $2,975-66.5% | $2,241-55.5% |
| Participant deferral / active EE | $2,366 | $4,241-44.2% | $5,107-53.7% | $3,767-37.2% |
| Admin fee / account holder | $230 | $3,368-93.2% | $12,068-98.1% | $2,969-92.3% |