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: BENEFIT PLANS ADMINS SERVICES, INC. Service code 15 · EIN 16-1503696 | Recordkeeping | $12,432 |
ORIENTAL BANK5 years Filed as: ORIENTAL BANK AND TRUST Service code 24 · EIN 66-0259436 | Discretionary Trustee | $2,172 |
BPAS1 year Filed as: BPAS TRUST COMPANY OF PUERTO RICO Service code 27 · EIN 66-0795542 | Advisory (Plan) | $1,188 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,967 | $72,607-86.3% | $90,749-89.0% | $66,914-85.1% |
| Participation rate | 55.8% | 73.7%-17.9pp | 75.7%-19.9pp | 69.8%-14.0pp |
| Annual return | -17.07% | -12.28%-4.8pp | -12.16%-4.9pp | 1.58%-18.7pp |
| Employer contribution / active EE | $653 | $2,369-72.4% | $2,921-77.7% | $2,544-74.3% |
| Participant deferral / active EE | $1,538 | $3,977-61.3% | $4,564-66.3% | $4,237-63.7% |
| Admin fee / account holder | $176 | $707-75.1% | $8,445-97.9% | $593-70.4% |