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 |
|---|---|---|
MONARCH PLAN ADVISORS5 years Service code 26 · EIN 46-3919960 | Advisory (Participants) | $1,685 |
Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $412 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $35,348 | $49,451-28.5% | $79,550-55.6% | $66,914-47.2% |
| Participation rate | 11.5% | 61.3%-49.8pp | 69.5%-57.9pp | 69.8%-58.3pp |
| Annual return | -15.27% | 84.25%-99.5pp | 0.16%-15.4pp | 1.58%-16.9pp |
| Employer contribution / active EE | $0 | $1,266-100.0% | $2,413-100.0% | $2,544-100.0% |
| Participant deferral / active EE | $283 | $3,159-91.0% | $3,985-92.9% | $4,237-93.3% |
| Admin fee / account holder | $546 | $595-8.1% | $6,832-92.0% | $593-7.9% |