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 |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SERV Service code 15 · EIN 01-0233346 | Recordkeeping | $31,919 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO Service code 26 · EIN 23-2384840 | Advisory (Participants) | $21,301 |
ASSOCIATED PENSION CONSULTANTS1+ years Service code 12 · EIN 94-2456320 PO BOX 1282 · CHICO, CA 959271282 | Recordkeeping and information managem... | $15,873 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $36,108 | $89,436-59.6% | $164,813-78.1% | $77,643-53.5% |
| Participation rate | 50.6% | 78.6%-28.0pp | 78.6%-28.0pp | 70.6%-20.0pp |
| Annual return | 13.06% | 28.83%-15.8pp | 69.93%-56.9pp | 31.24%-18.2pp |
| Employer contribution / active EE | $1,144 | $2,569-55.5% | $4,341-73.7% | $2,726-58.0% |
| Participant deferral / active EE | $990 | $4,897-79.8% | $6,031-83.6% | $4,647-78.7% |
| Admin fee / account holder | $237 | $339-30.1% | $12,690-98.1% | $430-44.8% |