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 |
|---|---|---|
MY BENEFITS, LLC4 years Filed as: MY BENEFITS LLC Service code 13 · EIN 45-2098380 PO BOX 745680 · ATLANTA, GA 30374 | Contract Administrator | $14,102 |
MOSS ADAMS LLP3 years Filed as: MOSS & YANTIS Service code 10 272 W COLEMAN BLVD STE 100 · MT PLEASANT, SC 29465 | Accounting | $13,936 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $4,853 |
MY BENEFITS, LLC3 years Filed as: MY BENEFITS LLC. Service code 13 | Contract Administrator | $1,496 |
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.
Annual investment return 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.
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 | $6,628 | $56,767-88.3% | $101,794-93.5% | $85,563-92.3% |
| Participation rate | 84.2% | 57.6%+26.6pp | 69.2%+15.0pp | 66.0%+18.2pp |
| Annual return | 10.93% | 17.76%-6.8pp | 30.53%-19.6pp | 31.51%-20.6pp |
| Employer contribution / active EE | $32 | $1,112-97.1% | $2,289-98.6% | $2,654-98.8% |
| Participant deferral / active EE | $765 | $2,720-71.9% | $4,084-81.3% | $4,375-82.5% |
| Admin fee / account holder | $67 | $1,098-93.9% | $8,777-99.2% | $834-92.0% |