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 |
|---|---|---|
Filed as: BENEFIT PLAN ADMIN SERIVES, INC. Service code 14 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 13502 | Plan Administrator | $20,541 |
CARMICHAEL HILL1 year Filed as: CARMICHAEL HILL & ASSOCIATES Service code 26 18 EAST DIAMOND AVE · GAITHERSBURG, MD 20877 | Advisory (Participants) | $20,125 |
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 | $82,701 | $49,451+67.2% | $79,550+4.0% | $66,914+23.6% |
| Participation rate | 57.8% | 61.3%-3.5pp | 69.5%-11.7pp | 69.8%-12.0pp |
| Annual return | -15.71% | 84.25%-100.0pp | 0.16%-15.9pp | 1.58%-17.3pp |
| Employer contribution / active EE | $284 | $1,266-77.6% | $2,413-88.2% | $2,544-88.9% |
| Participant deferral / active EE | $2,836 | $3,159-10.2% | $3,985-28.8% | $4,237-33.1% |
| Admin fee / account holder | $447 | $595-24.8% | $6,832-93.5% | $593-24.7% |