Filed October 28, 2024
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 12 · EIN 13-3689044 | Recordkeeping fees; Float revenue; Pa... | $118,325 |
NFP RETIREMENT INC1+ years Filed as: NFP SECURITIES INC. Service code 16 | Consulting | $57,330 |
NATIONAL FINANCIAL SERVICES1+ years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
NFP RETIREMENT INC1+ years Filed as: NFP SECURITIES INC Service code 16 1250 CAPITAL OF TEXAS HIGHWAY · AUSTIN, TX 78746 | Consulting | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $69,942 | $70,002-0.1% | $115,037-39.2% | $52,331+33.7% |
| Participation rate | 51.4% | 72.1%-20.7pp | 81.4%-30.0pp | 68.1%-16.7pp |
| Annual return | 0.85% | 4.04%-3.2pp | 26.14%-25.3pp | 4.54%-3.7pp |
| Employer contribution / active EE | $1,226 | $2,715-54.8% | $4,608-73.4% | $1,882-34.8% |
| Participant deferral / active EE | $7,172 | $4,920+45.8% | $6,026+19.0% | $3,022+137.3% |
| Admin fee / account holder | $365 | $566-35.5% | $8,175-95.5% | $592-38.3% |