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 |
|---|---|---|
Filed as: MERRILL LYNCH PIERCE FENNER Service code 27 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Advisory (Plan) | $20,938 |
PAYCHEX, INC.1 year Filed as: PAYCHEX Service code 13 911 PANORAMA TRAIL · ROCHESTER, NY 14625 | Contract Administrator | $16,611 |
SEBS2 years Service code 12 1175 JOHN ST · WEST HENRIETTA, NY 14586 | Claims processing | $400 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $135,553 | $61,156+121.7% | $185,823-27.1% | $79,386+70.8% |
| Participation rate | 13.8% | 66.6%-52.9pp | 81.7%-68.0pp | 70.7%-57.0pp |
| Annual return | -3.20% | 19.45%-22.6pp | 122.05%-125.2pp | 116.85%-120.1pp |
| Employer contribution / active EE | $739 | $2,321-68.2% | $5,167-85.7% | $2,427-69.6% |
| Participant deferral / active EE | $1,523 | $2,789-45.4% | $5,568-72.6% | $4,046-62.3% |
| Admin fee / account holder | $1,116 | $710+57.3% | $16,237-93.1% | $626+78.2% |