Filed March 25, 2025
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 |
|---|---|---|
INGHAM & COMPANY9+ years Service code 13 · EIN 85-0170152 | Contract Administrator | $29,923 |
Filed as: PROVENANCE WEALTH ADVISORS, LLC Service code 26 | Advisory (Participants) | $4,845 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $589 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,174 | $65,390-20.2% | $169,368-69.2% | $71,457-27.0% |
| Participation rate | 61.8% | 67.0%-5.1pp | 77.1%-15.3pp | 67.9%-6.1pp |
| Annual return | 14.83% | 21.31%-6.5pp | 405.60%-390.8pp | 28.85%-14.0pp |
| Employer contribution / active EE | $455 | $2,079-78.1% | $4,013-88.7% | $2,588-82.4% |
| Participant deferral / active EE | $2,837 | $4,367-35.0% | $6,221-54.4% | $4,289-33.9% |
| Admin fee / account holder | $251 | $1,324-81.1% | $9,003-97.2% | $1,587-84.2% |