Filed October 1, 2021
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 |
|---|---|---|
Service code 12 · EIN 13-3689044 | Participant communication; Participan... | $255,466 |
Filed as: FIRST HORIZON ADVISORS, INC. Service code 16 · EIN 62-1254528 | Consulting | $47,500 |
NATIONAL FINANCIAL SERVICES9 years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
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 | $40,683 | $122,854-66.9% | $184,200-77.9% | $199,768-79.6% |
| Participation rate | 96.6% | 87.0%+9.5pp | 86.8%+9.7pp | 72.0%+24.5pp |
| Annual return | 19.47% | 143.99%-124.5pp | 28.80%-9.3pp | 34.26%-14.8pp |
| Employer contribution / active EE | $1,985 | $4,588-56.7% | $6,424-69.1% | $3,037-34.6% |
| Participant deferral / active EE | $3,443 | $7,995-56.9% | $9,132-62.3% | $5,090-32.3% |
| Admin fee / account holder | $109 | $120-9.1% | $13,907-99.2% | $269-59.3% |