Filed August 21, 2019
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 |
|---|---|---|
NATIONWIDE8+ years Service code 15 · EIN 31-4156830 | Recordkeeping | $35,171 |
AB FUNDS8+ years Filed as: AB&D CO Service code 13 · EIN 54-1703353 | Contract Administrator | $17,573 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,261 | $60,989-81.5% | $60,874-81.5% | $66,914-83.2% |
| Participation rate | 62.9% | 74.5%-11.6pp | 73.1%-10.3pp | 69.8%-6.9pp |
| Annual return | -15.78% | -9.60%-6.2pp | 16.90%-32.7pp | 1.58%-17.4pp |
| Employer contribution / active EE | $1,195 | $2,661-55.1% | $2,701-55.8% | $2,544-53.0% |
| Participant deferral / active EE | $1,131 | $3,615-68.7% | $3,817-70.4% | $4,237-73.3% |
| Admin fee / account holder | $163 | $338-51.8% | $3,224-94.9% | $593-72.5% |