Filed April 23, 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 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 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $850 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $4,867 | $63,114-92.3% | $92,893-94.8% | $65,185-92.5% |
| Participation rate | 56.4% | 68.8%-12.4pp | 76.0%-19.6pp | 70.2%-13.8pp |
| Annual return | 18.73% | 28.75%-10.0pp | 109.41%-90.7pp | 29.38%-10.7pp |
| Employer contribution / active EE | $1,055 | $2,571-59.0% | $3,653-71.1% | $2,177-51.5% |
| Participant deferral / active EE | $429 | $3,108-86.2% | $4,236-89.9% | $3,514-87.8% |
| Admin fee / account holder | $54 | $624-91.3% | $5,794-99.1% | $847-93.6% |