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 |
|---|---|---|
CARMICHAEL HILL4+ years Service code 26 18 EAST DIAMOND AVE · GAITHERSBURG, MD 20877 | Advisory (Participants) | $16,403 |
Filed as: BENEFIT PLAN ADMIN SERIVES, INC. Service code 14 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 13502 | Plan Administrator | $14,036 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $68,895 | $42,548+61.9% | $74,550-7.6% | $56,287+22.4% |
| Participation rate | 50.8% | 60.5%-9.7pp | 69.1%-18.3pp | 69.9%-19.0pp |
| Annual return | -3.11% | 12.40%-15.5pp | 32.53%-35.6pp | -9.96%+6.8pp |
| Employer contribution / active EE | $182 | $855-78.7% | $1,961-90.7% | $2,111-91.4% |
| Participant deferral / active EE | $1,818 | $2,277-20.2% | $3,108-41.5% | $3,350-45.7% |
| Admin fee / account holder | $343 | $467-26.6% | $5,060-93.2% | $521-34.1% |