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 |
|---|---|---|
Filed as: JOHN HANOCK LIFE INSURANCE COMPANY Service code 15 · EIN 01-0233346 | Recordkeeping | $29,595 |
LPL FINANCIAL9 years Filed as: LPL FINANCIAL LLC Service code 26 · EIN 43-3046611 | Advisory (Participants) | $29,340 |
DOEREN MAYHEW2 years Service code 15 56 GRANDVILLE · GRAND RAPIDS, MI 49503 | Recordkeeping | $300 |
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.
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 | $51,321 | $88,982-42.3% | $102,438-49.9% | $77,671-33.9% |
| Participation rate | 55.7% | 80.9%-25.2pp | 76.5%-20.8pp | 70.6%-14.8pp |
| Annual return | 30.58% | 25.01%+5.6pp | 29.37%+1.2pp | 31.21%-0.6pp |
| Employer contribution / active EE | $1,400 | $2,698-48.1% | $3,024-53.7% | $2,726-48.7% |
| Participant deferral / active EE | $2,494 | $5,144-51.5% | $5,054-50.7% | $4,648-46.3% |
| Admin fee / account holder | $170 | $236-27.9% | $9,448-98.2% | $430-60.6% |