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 |
|---|---|---|
BAKER NEWMAN NOYES1 year Service code 10 · EIN 01-0494526 PO BOX 507 · PORTLAND, ME 04112 | Accounting | $13,610 |
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930 PO BOX 2900 · VALLEY FORGE, PA 19482 | Recordkeeping | $6,034 |
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.
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $15,199 | $80,177-81.0% | $123,892-87.7% | $57,658-73.6% |
| Participation rate | 21.1% | 74.4%-53.4pp | 81.4%-60.3pp | 70.2%-49.2pp |
| Annual return | 72.75% | 17.90%+54.8pp | 47.52%+25.2pp | 5.13%+67.6pp |
| Employer contribution / active EE | $206 | $2,913-92.9% | $4,617-95.5% | $1,974-89.6% |
| Participant deferral / active EE | $1,148 | $5,130-77.6% | $5,984-80.8% | $3,061-62.5% |
| Admin fee / account holder | $169 | $106+59.3% | $8,357-98.0% | $95+79.1% |