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 |
|---|---|---|
INDEPENDENCE BANK8 years Service code 21 · EIN 61-1347065 | Bank Trustee | $10,256 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $6,498 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,095 | $82,917-83.0% | $103,333-86.4% | $77,643-81.8% |
| Participation rate | 26.3% | 71.6%-45.3pp | 74.5%-48.2pp | 70.6%-44.3pp |
| Annual return | 12.16% | 19.13%-7.0pp | 24.88%-12.7pp | 31.24%-19.1pp |
| Employer contribution / active EE | $1,162 | $3,552-67.3% | $3,868-70.0% | $2,726-57.4% |
| Participant deferral / active EE | $0 | $4,108-100.0% | $5,057-100.0% | $4,647-100.0% |
| Admin fee / account holder | $102 | $638-84.0% | $8,355-98.8% | $430-76.3% |