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 |
|---|---|---|
BENECO SYSTEMS, LLC1 year Service code 15 · EIN 41-2046279 | Recordkeeping | $27,056 |
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.
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 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 | $5,786 | $63,346-90.9% | $92,233-93.7% | $70,131-91.8% |
| Participation rate | 70.2% | 68.7%+1.5pp | 76.5%-6.3pp | 69.5%+0.7pp |
| Annual return | 9.33% | 530.12%-520.8pp | 176.28%-166.9pp | 73.14%-63.8pp |
| Employer contribution / active EE | $610 | $2,471-75.3% | $3,679-83.4% | $2,342-73.9% |
| Participant deferral / active EE | $386 | $2,854-86.5% | $3,897-90.1% | $3,332-88.4% |
| Admin fee / account holder | $342 | $3,840-91.1% | $5,194-93.4% | $4,645-92.6% |