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 |
|---|---|---|
BB&T2 years Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $11,434 |
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.
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 | $4,738 | $62,928-92.5% | $172,739-97.3% | $67,579-93.0% |
| Participation rate | 66.0% | 64.5%+1.5pp | 82.6%-16.7pp | 71.3%-5.3pp |
| Annual return | 30.59% | 30.36%+0.2pp | 802.84%-772.3pp | 378.56%-348.0pp |
| Employer contribution / active EE | $7 | $1,636-99.6% | $5,143-99.9% | $2,148-99.7% |
| Participant deferral / active EE | $1,155 | $2,145-46.2% | $5,198-77.8% | $3,539-67.4% |
| Admin fee / account holder | $30 | $167-81.7% | $13,954-99.8% | $142-78.6% |