See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Participant loan processing; Claims p... | $448 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,328 | $47,126-46.3% | $149,673-83.1% | $74,419-66.0% |
| Participation rate | 50.0% | 63.4%-13.4pp | 78.8%-28.8pp | 70.7%-20.7pp |
| Annual return | 15.13% | 22.75%-7.6pp | 134.42%-119.3pp | 34.38%-19.2pp |
| Employer contribution / active EE | $0 | $1,905-100.0% | $4,818-100.0% | $2,637-100.0% |
| Participant deferral / active EE | $1,952 | $2,728-28.5% | $5,680-65.6% | $4,528-56.9% |
| Admin fee / account holder | $4 | $343-98.9% | $13,210-100.0% | $348-98.9% |