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 |
|---|---|---|
HUNTINGTON NATIONAL BANK2+ years Filed as: HUNTINGTON BANK Service code 15 · EIN 31-0966785 | Recordkeeping | $15,798 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $19,951 | $37,213-46.4% | $156,549-87.3% | $63,975-68.8% |
| Participation rate | 20.5% | 65.0%-44.5pp | 84.0%-63.5pp | 71.1%-50.7pp |
| Annual return | 8.01% | 47.89%-39.9pp | 32.23%-24.2pp | 48.65%-40.6pp |
| Employer contribution / active EE | $19 | $1,357-98.6% | $5,501-99.6% | $2,182-99.1% |
| Participant deferral / active EE | $1,157 | $2,070-44.1% | $4,871-76.3% | $3,356-65.5% |
| Admin fee / account holder | $40 | $56-29.0% | $13,027-99.7% | $70-43.2% |