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 3-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: MERRILL LYNCH, PIERCE, FENNER Service code 27 · EIN 13-5674085 | Advisory (Plan) | $19,023 |
PAYCHEX, INC.1 year Filed as: PAYCHEX Service code 15 · EIN 16-1124166 | Recordkeeping | $9,542 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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).
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 | $58,093 | $40,385+43.8% | $80,569-27.9% | $74,419-21.9% |
| Participation rate | 12.3% | 47.4%-35.1pp | 67.0%-54.7pp | 70.7%-58.4pp |
| Annual return | 14.77% | 164.85%-150.1pp | 935.43%-920.7pp | 34.38%-19.6pp |
| Employer contribution / active EE | $267 | $1,496-82.1% | $2,723-90.2% | $2,637-89.9% |
| Participant deferral / active EE | $429 | $2,674-83.9% | $4,447-90.3% | $4,528-90.5% |
| Admin fee / account holder | $402 | $720-44.1% | $5,377-92.5% | $348+15.7% |