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 |
|---|---|---|
NOVA 401(K) ASSOCIATES2+ years Service code 17 · EIN 20-1181458 | Pension Consulting | $5,720 |
Filed as: MASS MUTUAL Service code 15 · EIN 04-1590850 | Recordkeeping | $2,022 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,627 | $69,305-87.6% | $82,313-89.5% | $69,631-87.6% |
| Participation rate | 61.3% | 80.3%-19.0pp | 76.9%-15.6pp | 70.7%-9.4pp |
| Annual return | 20.90% | 21.47%-0.6pp | 25.88%-5.0pp | 27571.02%-27550.1pp |
| Employer contribution / active EE | $798 | $1,887-57.7% | $2,428-67.2% | $2,032-60.8% |
| Participant deferral / active EE | $1,205 | $3,568-66.2% | $3,706-67.5% | $3,224-62.6% |
| Admin fee / account holder | $22 | $97-77.1% | $5,608-99.6% | $110-79.9% |