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 3-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 |
|---|---|---|
MERCER1+ years Filed as: MERCER HR SERVICES, LLC Service code 15 · EIN 20-1932099 INVESTORS WAY · NORWOOD, MA 020621584 | Recordkeeping | $65,768 |
NWO ELECTRICAL ADMIN. INC.1+ years Filed as: NWO ELECTRICAL ADMINISTRATORS INC Service code 49 · EIN 34-1956758 | Other Services | $33,332 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $10,313 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,220 | $55,516-74.4% | $75,781-81.2% | $59,188-76.0% |
| Participation rate | 39.0% | 73.6%-34.6pp | 75.8%-36.8pp | 69.4%-30.4pp |
| Annual return | -1.09% | -1.89%+0.8pp | 9.68%-10.8pp | 5.51%-6.6pp |
| Employer contribution / active EE | $0 | $2,604-100.0% | $3,323-100.0% | $2,098-100.0% |
| Participant deferral / active EE | $852 | $2,599-67.2% | $3,651-76.7% | $3,265-73.9% |
| Admin fee / account holder | $20 | $110-81.6% | $5,299-99.6% | $92-78.1% |