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) | $8,729 |
PAYCHEX, INC.2 years Filed as: PAYCHEX Service code 13 911 PANORAMA TRAIL · ROCHESTER, NY 14625 | Contract Administrator | $6,640 |
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.)
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 | $102,389 | $73,867+38.6% | $143,757-28.8% | $68,494+49.5% |
| Participation rate | 14.7% | 66.7%-52.0pp | 80.3%-65.6pp | 67.9%-53.2pp |
| Annual return | -17.88% | 1.01%-18.9pp | -0.04%-17.8pp | -7.84%-10.0pp |
| Employer contribution / active EE | $740 | $3,184-76.8% | $4,951-85.1% | $2,596-71.5% |
| Participant deferral / active EE | $1,724 | $3,384-49.1% | $5,637-69.4% | $4,027-57.2% |
| Admin fee / account holder | $481 | $5,755-91.6% | $14,673-96.7% | $5,403-91.1% |