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 HILL7+ years Service code 26 18 EAST DIAMOND AVE · GAITHERSBURG, MD 20877 | Advisory (Participants) | $21,806 |
Filed as: BENEFIT PLAN ADMIN SERIVES, INC. Service code 14 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 13502 | Plan Administrator | $18,845 |
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.)
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 | $97,695 | $59,263+64.9% | $96,562+1.2% | $79,386+23.1% |
| Participation rate | 60.3% | 61.9%-1.6pp | 69.8%-9.5pp | 70.7%-10.4pp |
| Annual return | 13.84% | 27.07%-13.2pp | 37.78%-23.9pp | 116.85%-103.0pp |
| Employer contribution / active EE | $254 | $1,216-79.1% | $2,356-89.2% | $2,427-89.5% |
| Participant deferral / active EE | $2,542 | $2,948-13.8% | $3,849-33.9% | $4,046-37.2% |
| Admin fee / account holder | $438 | $658-33.6% | $6,181-92.9% | $626-30.2% |