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 |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $53,952 |
Filed as: B. RILEY WEALTH ADVISORS, INC. Service code 26 · EIN 91-1648671 40 S. MAIN STREET · MEMPHIS, TN 38103 | Advisory (Participants) | $33,675 |
Service code 26 5350 POPLAR AVENUE · MEMPHIS, TN 38119 | Advisory (Participants) | $5,713 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,926 | $81,357-78.0% | $75,972-76.4% | $199,593-91.0% |
| Participation rate | 29.5% | 69.9%-40.4pp | 69.1%-39.5pp | 72.0%-42.5pp |
| Annual return | 28.07% | 16.32%+11.7pp | 359.55%-331.5pp | 34.25%-6.2pp |
| Employer contribution / active EE | $847 | $3,341-74.6% | $2,685-68.4% | $3,034-72.1% |
| Participant deferral / active EE | $1,144 | $4,710-75.7% | $4,255-73.1% | $5,087-77.5% |
| Admin fee / account holder | $101 | $144-29.9% | $6,467-98.4% | $269-62.3% |