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 |
|---|---|---|
Service code 70 3001 WEST BIG BEAVER · TROY, MI 480843108 | Consulting Fees | $24,500 |
DKSS1 year Service code 10 · EIN 38-1944367 | Accounting | $22,750 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $5,076 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $59,632 | $45,000+32.5% | $143,757-58.5% | $77,904-23.5% |
| Participation rate | 53.0% | 66.8%-13.8pp | 80.3%-27.3pp | 73.7%-20.7pp |
| Annual return | -13.84% | 29.03%-42.9pp | -0.04%-13.8pp | 12.21%-26.0pp |
| Employer contribution / active EE | $0 | $1,870-100.0% | $4,951-100.0% | $2,848-100.0% |
| Participant deferral / active EE | $3,154 | $3,157-0.1% | $5,637-44.1% | $4,806-34.4% |
| Admin fee / account holder | $48 | $98-51.5% | $14,673-99.7% | $133-64.0% |