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.
| Provider | Service type | Compensation |
|---|---|---|
CHOICE WEALTH ADVISORS2+ years Service code 26 · EIN 20-2441108 325-D KENNEDY MEMORIAL DR · WATERVILLE, ME 04901 | Advisory (Participants) | $11,263 |
Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $5,475 |
Filed as: WILSHIRE ASSOCIATES Service code 26 · EIN 95-2755361 1299 OCEAN AVENUE STE 700 · SANTA MONICA, CA 90401 | Advisory (Participants) | $563 |
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.
Employer 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $9,122 | $73,404-87.6% | $87,100-89.5% | $67,579-86.5% |
| Participation rate | 40.4% | 80.9%-40.5pp | 76.9%-36.5pp | 71.3%-30.9pp |
| Annual return | 23.44% | 48.29%-24.9pp | 28.19%-4.8pp | 378.56%-355.1pp |
| Employer contribution / active EE | $603 | $2,014-70.0% | $2,521-76.1% | $2,148-71.9% |
| Participant deferral / active EE | $781 | $3,913-80.0% | $4,049-80.7% | $3,539-77.9% |
| Admin fee / account holder | $169 | $142+19.3% | $7,497-97.7% | $142+18.8% |