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 |
|---|---|---|
MMA SECURITIES LLC1 year Service code 26 · EIN 22-3570392 P.O. BOX 9496 · NEW YORK, NY 10087 | Advisory (Participants) | $18,783 |
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $6,120 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $4,760 | $56,317-91.5% | $71,209-93.3% | $74,304-93.6% |
| Participation rate | 61.8% | 55.1%+6.7pp | 73.8%-11.9pp | 60.3%+1.5pp |
| Annual return | 30.74% | 42.83%-12.1pp | 282.51%-251.8pp | 29.43%+1.3pp |
| Employer contribution / active EE | $0 | $2,160-100.0% | $2,721-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $3,307 | $2,788+18.6% | $4,175-20.8% | $3,767-12.2% |
| Admin fee / account holder | $169 | $2,290-92.6% | $5,349-96.8% | $2,969-94.3% |