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 | $85,515-63.5% | $112,040-72.1% | $67,986-54.1% |
| Participation rate | 62.7% | 68.2%-5.5pp | 76.5%-13.8pp | 57.2%+5.5pp |
| Annual return | 15.76% | 29.68%-13.9pp | 24.52%-8.8pp | 31.67%-15.9pp |
| Employer contribution / active EE | $998 | $2,191-54.4% | $2,954-66.2% | $2,019-50.6% |
| Participant deferral / active EE | $2,366 | $4,014-41.1% | $5,098-53.6% | $3,358-29.5% |
| Admin fee / account holder | $230 | $3,774-93.9% | $12,098-98.1% | $3,203-92.8% |