Filed February 7, 2023
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 |
|---|---|---|
NFP RETIREMENT INC6 years Filed as: NFP RETIREMENT, INC. Service code 10 · EIN 33-0905143 | Accounting | $32,264 |
THE VANGUARD GROUP, INC.10+ years Service code 12 · EIN 23-1945930 | Direct payment from the plan; Contrac... | $14,150 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $65,333 | $50,982+28.2% | $154,803-57.8% | $85,563-23.6% |
| Participation rate | 29.1% | 59.8%-30.6pp | 78.1%-48.9pp | 66.0%-36.8pp |
| Annual return | 14.95% | 30.35%-15.4pp | 58.88%-43.9pp | 31.51%-16.6pp |
| Employer contribution / active EE | $598 | $1,708-65.0% | $4,305-86.1% | $2,654-77.5% |
| Participant deferral / active EE | $1,294 | $2,474-47.7% | $5,540-76.6% | $4,375-70.4% |
| Admin fee / account holder | $252 | $846-70.2% | $14,329-98.2% | $834-69.8% |