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 |
|---|---|---|
CORRELL CO.1+ years Service code 15 · EIN 36-3492086 | Recordkeeping | $29,150 |
NEWPORT GROUP, INC.1+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 21 · EIN 20-1591048 | Bank Trustee | $4,261 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $47,957 | $57,435-16.5% | $105,218-54.4% | $55,191-13.1% |
| Participation rate | 64.8% | 71.3%-6.6pp | 77.2%-12.4pp | 69.2%-4.4pp |
| Annual return | 0.28% | 2.97%-2.7pp | 5.33%-5.0pp | 10.78%-10.5pp |
| Employer contribution / active EE | $1,235 | $1,920-35.7% | $3,255-62.1% | $1,899-35.0% |
| Participant deferral / active EE | $2,518 | $3,495-28.0% | $4,867-48.3% | $3,046-17.3% |
| Admin fee / account holder | $48 | $70-31.5% | $6,992-99.3% | $91-46.9% |