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 | $10,821 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,013 | $65,061-63.1% | $143,757-83.3% | $66,914-64.1% |
| Participation rate | 50.0% | 65.2%-15.2pp | 80.3%-30.3pp | 69.8%-19.8pp |
| Annual return | -13.49% | -11.14%-2.4pp | -0.04%-13.5pp | 1.58%-15.1pp |
| Employer contribution / active EE | $809 | $2,361-65.7% | $4,951-83.7% | $2,544-68.2% |
| Participant deferral / active EE | $3,378 | $2,919+15.7% | $5,637-40.1% | $4,237-20.3% |
| Admin fee / account holder | $49 | $502-90.2% | $14,673-99.7% | $593-91.7% |