Filed February 20, 2025
Total covered: 4 employees
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 |
|---|---|---|
EDWARD JONES2 years Filed as: EDWARD D. JONES & CO., L.P. Service code 26 | Advisory (Participants) | $16,065 |
Filed as: NORTHWESTERN MUTUAL WEALTH Service code 26 | Advisory (Participants) | $3,726 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,339 |
Filed as: WILSHIRE ASSOCIATES INC (USA) Service code 26 | Advisory (Participants) | $989 |
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 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 | $46,038 | $64,286-28.4% | $90,951-49.4% | $73,409-37.3% |
| Participation rate | 36.8% | 63.6%-26.8pp | 69.0%-32.2pp | 72.2%-35.4pp |
| Annual return | 12.83% | 21.45%-8.6pp | 134.60%-121.8pp | 59.29%-46.5pp |
| Employer contribution / active EE | $0 | $895-100.0% | $2,122-100.0% | $2,234-100.0% |
| Participant deferral / active EE | $1,630 | $2,453-33.6% | $3,373-51.7% | $3,805-57.2% |
| Admin fee / account holder | $563 | $287+96.0% | $5,959-90.6% | $158+256.5% |