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 |
|---|---|---|
THE BANK OF NEW YORK MELLON2 years Filed as: BANK OF AMERICA NA Service code 16 · EIN 27-1515696 | Consulting | $53,562 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $16,484 |
DUFEK & COMPANY LLC5 years Filed as: DUFEK & COMPANY, LLC Service code 10 · EIN 27-1515696 | Accounting | $8,750 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $156,331 | $87,870+77.9% | $113,168+38.1% | $74,304+110.4% |
| Participation rate | 0.6% | 70.7%-70.1pp | 76.6%-75.9pp | 60.3%-59.7pp |
| Annual return | 14.47% | 26.44%-12.0pp | 24.27%-9.8pp | 29.43%-15.0pp |
| Employer contribution / active EE | $2,206 | $2,277-3.1% | $2,975-25.9% | $2,241-1.6% |
| Participant deferral / active EE | $7,700 | $4,241+81.6% | $5,107+50.8% | $3,767+104.4% |
| Admin fee / account holder | $460 | $3,368-86.3% | $12,068-96.2% | $2,969-84.5% |