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 |
|---|---|---|
PAYCHEX, INC.1 year Filed as: PAYCHEX Service code 13 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Contract Administrator | $27,305 |
Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 27 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Advisory (Plan) | $8,604 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $26,831 | $136,307-80.3% | $177,821-84.9% | $73,488-63.5% |
| Participation rate | 51.4% | 86.1%-34.7pp | 87.7%-36.4pp | 70.7%-19.3pp |
| Annual return | 7.41% | 18.68%-11.3pp | 48.32%-40.9pp | 28.51%-21.1pp |
| Employer contribution / active EE | $1,900 | $3,712-48.8% | $5,918-67.9% | $2,270-16.3% |
| Participant deferral / active EE | $3,602 | $5,829-38.2% | $7,714-53.3% | $3,740-3.7% |
| Admin fee / account holder | $198 | $596-66.7% | $12,427-98.4% | $513-61.4% |