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 |
|---|---|---|
NATIONWIDE4 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $5,424 |
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $1,776 |
Service code 13 · EIN 25-1650062 | Contract Administrator | $1,050 |
Filed as: AMERIPRISE FINANCIAL SERVICES Service code 22 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474 | Insurance Broker | $0 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $15,753 | $65,376-75.9% | $87,100-81.9% | $65,185-75.8% |
| Participation rate | 66.7% | 75.3%-8.7pp | 76.9%-10.2pp | 70.2%-3.5pp |
| Annual return | 27.76% | 31.27%-3.5pp | 28.19%-0.4pp | 29.38%-1.6pp |
| Employer contribution / active EE | $662 | $1,822-63.7% | $2,521-73.8% | $2,177-69.6% |
| Participant deferral / active EE | $1,105 | $3,388-67.4% | $4,049-72.7% | $3,514-68.5% |
| Admin fee / account holder | $49 | $520-90.6% | $7,497-99.3% | $847-94.2% |