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.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $5,001 |
Service code 15 · EIN 59-2438373 | Recordkeeping | $1,325 |
Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3174849 | Advisory (Plan) | $191 |
LPL FINANCIAL1+ years Service code 22 · EIN 95-2834236 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $16,478 | $89,355-81.6% | $141,162-88.3% | $72,985-77.4% |
| Participation rate | 59.4% | 75.1%-15.7pp | 82.5%-23.1pp | 69.5%-10.1pp |
| Annual return | 0.00% | 111.85%-111.8pp | 71.39%-71.4pp | 81.00%-81.0pp |
| Employer contribution / active EE | $1,468 | $3,114-52.9% | $4,735-69.0% | $2,440-39.8% |
| Participant deferral / active EE | $2,302 | $5,418-57.5% | $6,709-65.7% | $3,607-36.2% |
| Admin fee / account holder | $93 | $5,958-98.4% | $10,261-99.1% | $5,124-98.2% |