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 |
|---|---|---|
PROACCOUNT1 year Service code 14 · EIN 73-0988442 10 W. NATIONWIDE BLVD. · COLUMBUS, OH 43215 | Plan Administrator | $10,726 |
Filed as: SUMMIT GLOBAL INVESTMENTS, LLC Service code 15 · EIN 27-3616371 620 S. MAIN ST. · BOUNTIFUL, UT 84010 | Recordkeeping | $10,464 |
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.
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 | $26,027 | $80,731-67.8% | $103,374-74.8% | $74,546-65.1% |
| Participation rate | 87.8% | 65.7%+22.1pp | 74.5%+13.3pp | 67.2%+20.6pp |
| Annual return | 9.91% | 27.56%-17.7pp | 24.89%-15.0pp | 1366.03%-1356.1pp |
| Employer contribution / active EE | $5,500 | $3,158+74.2% | $3,869+42.1% | $2,624+109.6% |
| Participant deferral / active EE | $1,978 | $3,860-48.8% | $5,058-60.9% | $4,347-54.5% |
| Admin fee / account holder | $300 | $2,369-87.3% | $8,394-96.4% | $1,944-84.5% |