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 |
|---|---|---|
HANCOCK WHITNEY BANK3+ years Filed as: WHITNEY BANK Service code 21 · EIN 72-1171087 | Bank Trustee | $1,754 |
CHARLES SCHWAB & CO., INC.3+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $17,838 | $66,302-73.1% | $110,238-83.8% | $56,287-68.3% |
| Participation rate | 65.5% | 74.9%-9.4pp | 79.8%-14.3pp | 69.9%-4.3pp |
| Annual return | 6.69% | -1.18%+7.9pp | 314.74%-308.0pp | -9.96%+16.7pp |
| Employer contribution / active EE | $811 | $2,047-60.4% | $3,826-78.8% | $2,111-61.6% |
| Participant deferral / active EE | $770 | $3,381-77.2% | $4,672-83.5% | $3,350-77.0% |
| Admin fee / account holder | $7 | $698-99.0% | $8,547-99.9% | $521-98.6% |