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 |
|---|---|---|
NATIONWIDE1 year Filed as: NATIONWIDE LIFE INS CO Service code 15 · EIN 31-4156830 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215 | Recordkeeping | $17,474 |
PROACCOUNT1 year Service code 26 · EIN 73-0988442 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215 | Advisory (Participants) | $5,815 |
AB FUNDS10+ years Filed as: AB&D CO Service code 13 · EIN 54-1703353 1523 HUGUENOT ROAD · MIDLOTHIAN, VA 23113 | Contract Administrator | $2,032 |
Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 · EIN 26-3415651 1 NEW YORK PLAZA, 12TH FLOOR · NEW YORK, NY 10004 | Advisory (Participants) | $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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,671 | $91,762-87.3% | $67,502-82.7% | $77,643-85.0% |
| Participation rate | 65.1% | 75.9%-10.8pp | 72.9%-7.8pp | 70.6%-5.5pp |
| Annual return | 12.43% | 14.87%-2.4pp | 3512.12%-3499.7pp | 31.24%-18.8pp |
| Employer contribution / active EE | $1,262 | $3,181-60.3% | $2,731-53.8% | $2,726-53.7% |
| Participant deferral / active EE | $813 | $3,903-79.2% | $4,000-79.7% | $4,647-82.5% |
| Admin fee / account holder | $46 | $176-74.1% | $3,998-98.9% | $430-89.4% |