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 |
|---|---|---|
SUMMIT FINANCIAL CORPORATION3+ years Service code 13 7 NEW ENGLAND EXECUTIVE PARK · BURLINGTON, MA 01803 | Contract Administrator | $20,592 |
Filed as: GREAT WEST AND LIFE ANNUITY INS. CO Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $16,200 |
Filed as: MASS MUTUAL LIFE INSURANCE CO. Service code 55 | Other Commissions | $9,492 |
WESTROGERS LLP1 year Service code 10 PO BOX 1999 · BLUFFTON, SC 29910 | Accounting | $6,000 |
Filed as: MASS MUTUAL LIFE Service code 55 PO BOX 771115 · CINCINATTI, OH 452771115 | Other Commissions | $0 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $77,550 | $80,753-4.0% | $136,294-43.1% | $62,292+24.5% |
| Participation rate | 48.4% | 73.5%-25.2pp | 81.9%-33.5pp | 69.5%-21.1pp |
| Annual return | 16.95% | 35.83%-18.9pp | 5155.94%-5139.0pp | 28.90%-11.9pp |
| Employer contribution / active EE | $1,079 | $2,884-62.6% | $4,695-77.0% | $2,042-47.2% |
| Participant deferral / active EE | $1,949 | $5,164-62.3% | $6,247-68.8% | $3,169-38.5% |
| Admin fee / account holder | $326 | $525-37.9% | $9,243-96.5% | $479-31.9% |