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 |
|---|---|---|
MAGII PENSION SERVICES LLC1+ years Filed as: MAGII PENSION SERVICES Service code 13 490 WHEELER RD STE 265 · HAUPPAUGE, NY 117884365 | Contract Administrator | $5,450 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $47,690 | $64,705-26.3% | $62,929-24.2% | $67,986-29.9% |
| Participation rate | 55.3% | 65.6%-10.3pp | 73.1%-17.8pp | 57.2%-1.9pp |
| Annual return | 14.97% | 20.31%-5.3pp | 1063.93%-1049.0pp | 31.67%-16.7pp |
| Employer contribution / active EE | $2,294 | $2,376-3.4% | $2,505-8.4% | $2,019+13.6% |
| Participant deferral / active EE | $3,061 | $3,198-4.3% | $3,888-21.3% | $3,358-8.9% |
| Admin fee / account holder | $45 | $1,428-96.9% | $5,065-99.1% | $3,203-98.6% |