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 |
|---|---|---|
AMERITAS LIFE INSURANCE CORP2+ years Service code 12 · EIN 47-0098400 | Plan Administrator; Contract Administ... | $56,715 |
Service code 12 · EIN 93-2789379 | Direct payment from the plan; Plan Ad... | $42,966 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $7,200 |
IRON-CO-FID-COMPREHENSIVE2+ years Filed as: IRON FIDUCIARY, AN OFFERING BY CREA Service code 27 · EIN 43-1270780 | Advisory (Plan) | $6,761 |
CHARLES SCHWAB & CO., INC.2+ years Service code 19 | Securities Custodian | $0 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,104 | $129,021-60.4% | $184,203-72.3% | $77,643-34.2% |
| Participation rate | 69.7% | 87.3%-17.6pp | 86.8%-17.1pp | 70.6%-0.8pp |
| Annual return | 15.72% | 33.27%-17.6pp | 28.81%-13.1pp | 31.24%-15.5pp |
| Employer contribution / active EE | $909 | $4,413-79.4% | $6,427-85.9% | $2,726-66.7% |
| Participant deferral / active EE | $5,390 | $7,297-26.1% | $9,131-41.0% | $4,647+16.0% |
| Admin fee / account holder | $197 | $254-22.4% | $13,901-98.6% | $430-54.2% |