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 | $18,075 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $23,000 | $26,114-11.9% | $58,482-60.7% | $74,419-69.1% |
| Participation rate | 22.2% | 32.1%-9.9pp | 50.9%-28.6pp | 70.7%-48.5pp |
| Annual return | 19.54% | 32.51%-13.0pp | 4239.32%-4219.8pp | 34.38%-14.8pp |
| Employer contribution / active EE | $415 | $536-22.4% | $1,053-60.6% | $2,637-84.2% |
| Participant deferral / active EE | $859 | $1,075-20.1% | $1,924-55.4% | $4,528-81.0% |
| Admin fee / account holder | $276 | $649-57.5% | $2,516-89.0% | $348-20.7% |