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 37 · EIN 04-2647786 | Loan Processing | $124,454 |
Filed as: MORRIS, MANNING AND MARTIN Service code 29 · EIN 58-1269995 | Legal | $68,142 |
Service code 27 · EIN 26-0058143 | Advisory (Plan) | $60,750 |
EMPLOYEE FIDUCIARY, LLC1 year Filed as: EMPLOYEE BENEFIT SOLUTIONS Service code 16 3263 DRY RUN VIEW LANE · CINCINNATI, OH 45244 | Consulting | $38,388 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE MORAN Service code 49 · EIN 38-1357951 | Other Services | $28,500 |
Filed as: PRINCIPAL FINANCIAL GROUP Service code 49 · EIN 42-1520346 | Other Services | $18,302 |
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.
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 | $28,623 | $140,910-79.7% | $75,972-62.3% | $106,382-73.1% |
| Participation rate | 18.8% | 64.1%-45.4pp | 69.1%-50.3pp | 69.9%-51.1pp |
| Annual return | 14.16% | 16.51%-2.4pp | 359.55%-345.4pp | 17.37%-3.2pp |
| Employer contribution / active EE | $130 | $5,354-97.6% | $2,685-95.2% | $3,364-96.1% |
| Participant deferral / active EE | $524 | $5,004-89.5% | $4,255-87.7% | $5,569-90.6% |
| Admin fee / account holder | $82 | $117-30.4% | $6,467-98.7% | $79+3.1% |