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 |
|---|---|---|
BENEFIT PLANS ADMIN SERVICES, INC.10+ years Service code 15 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 135026374 | Recordkeeping | $15,167 |
Service code 64 1 EMPIRE DRIVE · RENESSELAER, NY 12144 | Recordkeeping Fees | $9,405 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,700 | $50,820-53.4% | $155,567-84.8% | $77,671-69.5% |
| Participation rate | 47.5% | 63.1%-15.7pp | 78.2%-30.7pp | 70.6%-23.1pp |
| Annual return | 12.01% | 34.85%-22.8pp | 64.74%-52.7pp | 31.21%-19.2pp |
| Employer contribution / active EE | $985 | $1,993-50.6% | $4,674-78.9% | $2,726-63.9% |
| Participant deferral / active EE | $1,545 | $2,823-45.3% | $5,628-72.6% | $4,648-66.8% |
| Admin fee / account holder | $138 | $436-68.3% | $15,916-99.1% | $430-67.9% |