Filed November 30, 2022
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 8-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 |
|---|---|---|
Service code 64 11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277 | Recordkeeping Fees | $49,915 |
NFP RETIREMENT INC3 years Service code 27 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689 | Advisory (Plan) | $23,115 |
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 | $32,691 | $56,485-42.1% | $185,823-82.4% | $86,799-62.3% |
| Participation rate | 33.7% | 65.5%-31.8pp | 81.7%-48.0pp | 72.3%-38.6pp |
| Annual return | 14.82% | 118.04%-103.2pp | 122.05%-107.2pp | 97.91%-83.1pp |
| Employer contribution / active EE | $534 | $1,843-71.0% | $5,167-89.7% | $2,405-77.8% |
| Participant deferral / active EE | $1,664 | $2,553-34.8% | $5,568-70.1% | $4,131-59.7% |
| Admin fee / account holder | $183 | $150+22.4% | $16,237-98.9% | $170+7.9% |