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: MESIROW FINANCIAL INVESTMENT MNGMNT Service code 27 353 NORTH CLARK STREET · CHICAGO, IL 60654 | Advisory (Plan) | $110,693 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $97,577 |
Filed as: MESIROW FINANCIAL INC Service code 27 353 N CLARK ST · CHICAGO, IL 60654 | Advisory (Plan) | $13,333 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,257 | $76,774-80.1% | $112,228-86.4% | $77,904-80.4% |
| Participation rate | 67.0% | 80.2%-13.2pp | 75.1%-8.1pp | 73.7%-6.7pp |
| Annual return | 21.09% | -10.25%+31.3pp | 27.45%-6.4pp | 12.21%+8.9pp |
| Employer contribution / active EE | $669 | $3,977-83.2% | $3,635-81.6% | $2,848-76.5% |
| Participant deferral / active EE | $2,799 | $3,778-25.9% | $4,728-40.8% | $4,806-41.8% |
| Admin fee / account holder | $137 | $239-42.6% | $6,410-97.9% | $133+3.4% |