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 |
|---|---|---|
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $835 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,139 | $61,272-65.5% | $149,673-85.9% | $71,457-70.4% |
| Participation rate | 43.0% | 62.5%-19.5pp | 78.8%-35.8pp | 67.9%-24.9pp |
| Annual return | 16.21% | 35.85%-19.6pp | 134.42%-118.2pp | 28.85%-12.6pp |
| Employer contribution / active EE | $625 | $2,378-73.7% | $4,818-87.0% | $2,588-75.9% |
| Participant deferral / active EE | $729 | $2,917-75.0% | $5,680-87.2% | $4,289-83.0% |
| Admin fee / account holder | $955 | $1,261-24.3% | $13,210-92.8% | $1,587-39.9% |