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 8-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.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $21,136 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 26 · EIN 74-2794194 5707 SOUTHWEST PARKWAY · AUSTIN, TX 78735 | Advisory (Participants) | $20,213 |
Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788 | Contract Administrator | $7,965 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,484 | $53,136-78.4% | $155,509-92.6% | $199,593-94.2% |
| Participation rate | 21.1% | 64.1%-43.0pp | 78.2%-57.1pp | 72.0%-50.9pp |
| Annual return | 17.06% | 41.15%-24.1pp | 64.67%-47.6pp | 34.25%-17.2pp |
| Employer contribution / active EE | $78 | $1,851-95.8% | $4,672-98.3% | $3,034-97.4% |
| Participant deferral / active EE | $805 | $3,161-74.5% | $5,626-85.7% | $5,087-84.2% |
| Admin fee / account holder | $70 | $185-62.1% | $15,912-99.6% | $269-73.8% |