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 |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $196,077 |
NOVA 401(K) ASSOCIATES2 years Service code 13 · EIN 20-1181458 | Contract Administrator | $33,056 |
LPL FINANCIAL7 years Filed as: LPL FINANCIAL LLC Service code 26 · EIN 04-3046611 | Advisory (Participants) | $22,500 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,822 | $87,621-91.1% | $86,436-91.0% | $77,904-90.0% |
| Participation rate | 68.9% | 85.8%-16.9pp | 80.3%-11.4pp | 73.7%-4.7pp |
| Annual return | -11.90% | -13.90%+2.0pp | 4394.89%-4406.8pp | 12.21%-24.1pp |
| Employer contribution / active EE | $0 | $3,474-100.0% | $3,769-100.0% | $2,848-100.0% |
| Participant deferral / active EE | $3,236 | $8,645-62.6% | $6,952-53.5% | $4,806-32.7% |
| Admin fee / account holder | $61 | $85-28.2% | $6,731-99.1% | $133-54.1% |