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 10-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 |
|---|---|---|
NATIONWIDE3+ years Service code 19 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Securities Custodian | $32,799 |
RPS PLAN ADMINISTRATORS3+ years Service code 13 · EIN 84-1096179 PO BOX 3789 · LITTLETON, CO 80161 | Contract Administrator | $10,856 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 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 | $40,643 | $46,297-12.2% | $71,671-43.3% | $62,292-34.8% |
| Participation rate | 34.0% | 60.6%-26.7pp | 68.7%-34.8pp | 69.5%-35.6pp |
| Annual return | 14.81% | 22.32%-7.5pp | 20.65%-5.8pp | 28.90%-14.1pp |
| Employer contribution / active EE | $575 | $1,412-59.3% | $2,460-76.6% | $2,042-71.8% |
| Participant deferral / active EE | $1,620 | $2,235-27.5% | $3,438-52.9% | $3,169-48.9% |
| Admin fee / account holder | $532 | $461+15.6% | $5,558-90.4% | $479+11.1% |