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 |
|---|---|---|
FORVIS MAZARS, LLP1 year Service code 10 · EIN 44-0160260 | Accounting | $10,000 |
AMERITAS LIFE INSURANCE CORP2 years Filed as: AMERITAS ADVISORY SERVICES LLC Service code 27 · EIN 30-5472300 | Advisory (Plan) | $6,617 |
ORIENTAL BANK5 years Service code 13 · EIN 66-0259436 | Contract Administrator | $6,547 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $3,340 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8915 E ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,122 |
Service code 13 494 SYCAMORE AV SUITE 100 · SHREWSBURY, NJ 07702 | Contract Administrator | $542 |
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,911 | $101,724-85.3% | $164,813-91.0% | $80,856-81.6% |
| Participation rate | 59.3% | 71.8%-12.5pp | 78.6%-19.3pp | 67.6%-8.3pp |
| Annual return | 9.03% | 16.72%-7.7pp | 69.93%-60.9pp | 35.59%-26.6pp |
| Employer contribution / active EE | $773 | $2,953-73.8% | $4,341-82.2% | $2,755-71.9% |
| Participant deferral / active EE | $1,879 | $4,477-58.0% | $6,031-68.8% | $4,296-56.3% |
| Admin fee / account holder | $193 | $8,227-97.6% | $12,690-98.5% | $6,918-97.2% |