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 |
|---|---|---|
PAYCHEX, INC.3+ years Service code 13 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Contract Administrator | $97,897 |
SAGEVIEW ADVISORY GROUP, LLC3+ years Service code 26 · EIN 33-0818667 1645 PALM BEACH LAKES BLVD · WEST PALM BEACH, FL 33401 | Advisory (Participants) | $70,943 |
ERISA FIDUCIARY SERVICES, INC.3+ years Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788 | Contract Administrator | $9,600 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,974 | $122,186-73.8% | $146,958-78.2% | $199,593-84.0% |
| Participation rate | 58.8% | 78.3%-19.5pp | 82.2%-23.4pp | 72.0%-13.2pp |
| Annual return | 21.40% | 30.56%-9.2pp | 418.34%-396.9pp | 34.25%-12.9pp |
| Employer contribution / active EE | $1,178 | $4,093-71.2% | $4,933-76.1% | $3,034-61.2% |
| Participant deferral / active EE | $2,084 | $8,502-75.5% | $8,070-74.2% | $5,087-59.0% |
| Admin fee / account holder | $79 | $179-55.8% | $12,998-99.4% | $269-70.6% |