Filed March 8, 2024
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 9-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 |
|---|---|---|
Filed as: VARIABLE ANNUITY LIFE INSURANCE CO Service code 19 · EIN 74-1625348 | Securities Custodian | $11,426 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,842 | $52,953-47.4% | $172,739-83.9% | $65,185-57.3% |
| Participation rate | 55.9% | 66.2%-10.3pp | 82.6%-26.8pp | 70.2%-14.3pp |
| Annual return | 20.52% | 30.12%-9.6pp | 802.84%-782.3pp | 29.38%-8.9pp |
| Employer contribution / active EE | $639 | $2,190-70.8% | $5,143-87.6% | $2,177-70.6% |
| Participant deferral / active EE | $2,747 | $2,471+11.2% | $5,198-47.2% | $3,514-21.8% |
| Admin fee / account holder | $49 | $472-89.6% | $13,954-99.6% | $847-94.2% |