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 6-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 13-3646501 | Recordkeeping | $3,280 |
Service code 27 · EIN 16-1124166 | Advisory (Plan) | $0 |
PAYCHEX, INC.4 years Filed as: PAYCHEX INC Service code 15 · EIN 16-1124166 | Recordkeeping | $0 |
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,579 | $34,934-15.3% | $56,411-47.6% | $74,495-60.3% |
| Participation rate | 65.1% | 32.8%+32.3pp | 52.5%+12.6pp | 67.2%-2.1pp |
| Annual return | 21.78% | 25.94%-4.2pp | 1701.33%-1679.6pp | 1364.94%-1343.2pp |
| Employer contribution / active EE | $2,281 | $609+274.6% | $1,039+119.6% | $2,623-13.0% |
| Participant deferral / active EE | $3,625 | $1,170+209.7% | $1,952+85.7% | $4,346-16.6% |
| Admin fee / account holder | $158 | $2,364-93.3% | $2,829-94.4% | $1,942-91.9% |