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 6-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: AVANTAX RETIREMENT PLAN SERVICES Service code 15 · EIN 42-1447865 | Recordkeeping | $27,169 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,093 | $35,986-77.5% | $77,482-89.6% | $73,488-89.0% |
| Participation rate | 27.5% | 40.8%-13.4pp | 54.2%-26.7pp | 70.7%-43.2pp |
| Annual return | 27.32% | 19.26%+8.1pp | 54.79%-27.5pp | 28.51%-1.2pp |
| Employer contribution / active EE | $353 | $557-36.7% | $986-64.2% | $2,270-84.4% |
| Participant deferral / active EE | $700 | $1,198-41.5% | $1,861-62.4% | $3,740-81.3% |
| Admin fee / account holder | $91 | $466-80.5% | $2,858-96.8% | $513-82.3% |