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 | Recordkeeping | $118 |
PROFECTUS WEALTH MANAGEMENT1 year Service code 26 · EIN 46-1844439 | Advisory (Participants) | $0 |
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).
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 | $6,925 | $41,467-83.3% | $67,313-89.7% | $55,725-87.6% |
| Participation rate | 17.4% | 62.5%-45.1pp | 69.1%-51.7pp | 70.9%-53.5pp |
| Annual return | 178.54% | 0.82%+177.7pp | -4.08%+182.6pp | 244.93%-66.4pp |
| Employer contribution / active EE | $220 | $1,316-83.3% | $2,566-91.4% | $2,078-89.4% |
| Participant deferral / active EE | $337 | $2,399-86.0% | $3,568-90.6% | $3,356-90.0% |
| Admin fee / account holder | $124 | $102+21.7% | $4,507-97.2% | $115+7.8% |