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 |
|---|---|---|
PROACCOUNT1 year Service code 26 · EIN 73-0988442 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215 | Advisory (Participants) | $34,971 |
LONG ISLAND EMPLOYEE BENEFITS GROUP10+ years Service code 13 · EIN 11-2931438 325 WIRELESS BLVD · HAUPPAUGE, NY 11788 | Contract Administrator | $34,860 |
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 26 · EIN 34-1542819 | Advisory (Participants) | $28,275 |
NATIONWIDE10+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $21,539 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,177 | $59,417+46.7% | $93,606-6.9% | $74,495+17.0% |
| Participation rate | 67.4% | 59.7%+7.7pp | 68.7%-1.3pp | 67.2%+0.2pp |
| Annual return | 9.64% | 81.83%-72.2pp | 133.20%-123.6pp | 1364.94%-1355.3pp |
| Employer contribution / active EE | $636 | $1,264-49.7% | $2,420-73.7% | $2,623-75.8% |
| Participant deferral / active EE | $4,290 | $3,050+40.7% | $4,411-2.7% | $4,346-1.3% |
| Admin fee / account holder | $467 | $3,021-84.5% | $8,285-94.4% | $1,942-75.9% |