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 |
|---|---|---|
WOODTRUST BANK1 year Service code 15 · EIN 39-0720440 | Recordkeeping | $24,898 |
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.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,170 | $55,636+20.7% | $81,983-18.1% | $73,488-8.6% |
| Participation rate | 59.6% | 62.3%-2.7pp | 69.2%-9.6pp | 70.7%-11.1pp |
| Annual return | 13.89% | 19.07%-5.2pp | 41.31%-27.4pp | 28.51%-14.6pp |
| Employer contribution / active EE | $900 | $1,625-44.6% | $2,498-64.0% | $2,270-60.4% |
| Participant deferral / active EE | $2,622 | $2,762-5.1% | $3,722-29.6% | $3,740-29.9% |
| Admin fee / account holder | $356 | $493-27.8% | $5,664-93.7% | $513-30.7% |