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 |
|---|---|---|
MUNN & ASSOCIATES, PC10+ years Service code 10 · EIN 05-7092671 P.O. BOX 3407 · FLORENCE, SC 29502 | Accounting | $31,800 |
Filed as: FIRST CITIZENS BANK AND TRUST CO Service code 27 · EIN 56-0223230 | Advisory (Plan) | $23,622 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,444 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $83,775 | $58,926+42.2% | $97,226-13.8% | $74,495+12.5% |
| Participation rate | 55.1% | 63.5%-8.3pp | 72.7%-17.5pp | 67.2%-12.1pp |
| Annual return | 9.20% | 16.04%-6.8pp | 75.13%-65.9pp | 1364.94%-1355.7pp |
| Employer contribution / active EE | $250 | $1,894-86.8% | $2,729-90.8% | $2,623-90.5% |
| Participant deferral / active EE | $1,639 | $3,664-55.3% | $4,264-61.6% | $4,346-62.3% |
| Admin fee / account holder | $751 | $1,974-61.9% | $5,654-86.7% | $1,942-61.3% |