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 | Float revenue; Recordkeeping and info... | $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 commissions and ... | $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 | $122,693-66.8% | $184,203-77.9% | $199,593-79.6% |
| Participation rate | 96.6% | 86.8%+9.8pp | 86.8%+9.7pp | 72.0%+24.6pp |
| Annual return | 19.47% | 143.91%-124.4pp | 28.81%-9.3pp | 34.25%-14.8pp |
| Employer contribution / active EE | $1,985 | $4,584-56.7% | $6,427-69.1% | $3,034-34.6% |
| Participant deferral / active EE | $3,443 | $7,990-56.9% | $9,131-62.3% | $5,087-32.3% |
| Admin fee / account holder | $109 | $121-9.3% | $13,901-99.2% | $269-59.3% |