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 | $1,102 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,064 | $91,517-93.4% | $101,248-94.0% | $73,409-91.7% |
| Participation rate | 52.4% | 73.8%-21.4pp | 75.8%-23.4pp | 72.2%-19.8pp |
| Annual return | 17.29% | 17.17%+0.1pp | 46.47%-29.2pp | 59.29%-42.0pp |
| Employer contribution / active EE | $1,051 | $2,877-63.5% | $3,660-71.3% | $2,234-53.0% |
| Participant deferral / active EE | $291 | $3,338-91.3% | $4,370-93.3% | $3,805-92.3% |
| Admin fee / account holder | $56 | $216-74.2% | $5,945-99.1% | $158-64.7% |