Filed February 1, 2017
Total covered: 3 employees
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 |
|---|---|---|
RETIREMENT PLANS, INC.4 years Service code 15 · EIN 90-0734163 | Recordkeeping | $65,222 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $34,606 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,371 | $106,028-19.5% | $146,958-41.9% | $77,643+10.0% |
| Participation rate | 60.6% | 78.4%-17.8pp | 82.2%-21.6pp | 70.6%-10.0pp |
| Annual return | 24.92% | 56.73%-31.8pp | 418.34%-393.4pp | 31.24%-6.3pp |
| Employer contribution / active EE | $3,524 | $4,063-13.3% | $4,933-28.6% | $2,726+29.3% |
| Participant deferral / active EE | $7,310 | $7,990-8.5% | $8,070-9.4% | $4,647+57.3% |
| Admin fee / account holder | $254 | $337-24.6% | $12,998-98.0% | $430-40.9% |