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 9-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 |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $35,521 |
THE BANK OF NEW YORK MELLON6 years Filed as: BANK OF AMERICA NA Service code 16 · EIN 13-5674085 | Consulting | $18,195 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,055 | $62,688-4.2% | $178,014-66.3% | $77,671-22.7% |
| Participation rate | 14.1% | 66.9%-52.7pp | 77.1%-63.0pp | 70.6%-56.4pp |
| Annual return | 12.64% | 16.16%-3.5pp | 294.80%-282.2pp | 31.21%-18.6pp |
| Employer contribution / active EE | $433 | $1,912-77.4% | $3,950-89.0% | $2,726-84.1% |
| Participant deferral / active EE | $1,044 | $4,224-75.3% | $6,276-83.4% | $4,648-77.5% |
| Admin fee / account holder | $347 | $386-10.3% | $10,362-96.7% | $430-19.5% |