Filed January 3, 2024
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 59 · EIN 65-0170152 9155 S. DADELAND BLVD, SUITE 1512 · MIAMI, FL 33156 | Shareholder Servicing | $12,240 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,020 | $53,136-60.4% | $155,509-86.5% | $199,593-89.5% |
| Participation rate | 17.9% | 64.1%-46.2pp | 78.2%-60.3pp | 72.0%-54.1pp |
| Annual return | 12.52% | 41.15%-28.6pp | 64.67%-52.1pp | 34.25%-21.7pp |
| Employer contribution / active EE | $208 | $1,851-88.8% | $4,672-95.6% | $3,034-93.2% |
| Participant deferral / active EE | $340 | $3,161-89.2% | $5,626-93.9% | $5,087-93.3% |
| Admin fee / account holder | $51 | $185-72.3% | $15,912-99.7% | $269-80.9% |