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 |
|---|---|---|
HANCOCK WHITNEY BANK1+ years Filed as: WHITNEY BANK Service code 21 · EIN 72-1171087 | Bank Trustee | $27,880 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009 | Securities Custodian | $3,120 |
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $36,649 | $50,464-27.4% | $75,781-51.6% | $52,331-30.0% |
| Participation rate | 44.7% | 66.8%-22.1pp | 75.8%-31.1pp | 68.1%-23.4pp |
| Annual return | 4.55% | 1.03%+3.5pp | 9.68%-5.1pp | 4.54%0pp |
| Employer contribution / active EE | $273 | $1,988-86.3% | $3,323-91.8% | $1,882-85.5% |
| Participant deferral / active EE | $2,292 | $2,570-10.8% | $3,651-37.2% | $3,022-24.2% |
| Admin fee / account holder | $207 | $1,103-81.3% | $5,299-96.1% | $592-65.1% |