Filed July 26, 2022
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 |
|---|---|---|
USI CONSULTING GROUP1 year Filed as: USI CONSULTING GROUP, INC. Service code 13 95 GLASTONBURY BLVD · GLASTONBURY, CT 06033 | Contract Administrator | $18,148 |
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $3,390 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $77,305 | $106,028-27.1% | $146,958-47.4% | $77,643-0.4% |
| Participation rate | 47.5% | 78.4%-30.8pp | 82.2%-34.6pp | 70.6%-23.0pp |
| Annual return | 12.12% | 56.73%-44.6pp | 418.34%-406.2pp | 31.24%-19.1pp |
| Employer contribution / active EE | $1,164 | $4,063-71.3% | $4,933-76.4% | $2,726-57.3% |
| Participant deferral / active EE | $3,702 | $7,990-53.7% | $8,070-54.1% | $4,647-20.3% |
| Admin fee / account holder | $135 | $337-60.0% | $12,998-99.0% | $430-68.6% |