Filed January 13, 2022
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.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VARIABLE ANNUITY LIFE INS COMPANY Service code 19 · EIN 51-0396365 | Securities Custodian | $59,011 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,253 | $50,815-3.1% | $155,509-68.3% | $77,643-36.6% |
| Participation rate | 62.0% | 63.1%-1.1pp | 78.2%-16.2pp | 70.6%-8.6pp |
| Annual return | 24.39% | 34.80%-10.4pp | 64.67%-40.3pp | 31.24%-6.8pp |
| Employer contribution / active EE | $529 | $1,993-73.5% | $4,672-88.7% | $2,726-80.6% |
| Participant deferral / active EE | $2,719 | $2,822-3.7% | $5,626-51.7% | $4,647-41.5% |
| Admin fee / account holder | $79 | $437-82.0% | $15,912-99.5% | $430-81.7% |