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 |
|---|---|---|
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 220 KENNETH DRIVE · ROCHESTER, NY 14623 | Recordkeeping | $11,067 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL FBO MICHAEL VAT Service code 15 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121 | Recordkeeping | $6,373 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $27,011 | $80,753-66.6% | $136,294-80.2% | $62,292-56.6% |
| Participation rate | 35.4% | 73.5%-38.2pp | 81.9%-46.5pp | 69.5%-34.1pp |
| Annual return | 14.14% | 35.83%-21.7pp | 5155.94%-5141.8pp | 28.90%-14.8pp |
| Employer contribution / active EE | $1,073 | $2,884-62.8% | $4,695-77.1% | $2,042-47.4% |
| Participant deferral / active EE | $1,644 | $5,164-68.2% | $6,247-73.7% | $3,169-48.1% |
| Admin fee / account holder | $186 | $525-64.5% | $9,243-98.0% | $479-61.1% |