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 |
|---|---|---|
RAYMOND JAMES FINANCIAL SERVICES5+ years Filed as: RAYMOND JAMES & ASSOCIATES Service code 26 | Advisory (Participants) | $28,774 |
MVP PLAN ADMINISTRATORS, INC.5+ years Filed as: MVP PLAN ADMINISTRATORS Service code 13 · EIN 56-2263714 | Contract Administrator | $13,662 |
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.)
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 | $84,693 | $63,114+34.2% | $92,893-8.8% | $65,185+29.9% |
| Participation rate | 49.2% | 68.8%-19.5pp | 76.0%-26.8pp | 70.2%-21.0pp |
| Annual return | 24.87% | 28.75%-3.9pp | 109.41%-84.5pp | 29.38%-4.5pp |
| Employer contribution / active EE | $572 | $2,571-77.7% | $3,653-84.3% | $2,177-73.7% |
| Participant deferral / active EE | $1,560 | $3,108-49.8% | $4,236-63.2% | $3,514-55.6% |
| Admin fee / account holder | $334 | $624-46.4% | $5,794-94.2% | $847-60.5% |