Filed December 22, 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 |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $26,480 |
RBC WEALTH MANAGEMENT6 years Filed as: RBC CAPITAL MARKETS LLC Service code 55 · EIN 41-1416330 60 S 6TH ST COMMISSIONS ACCTG · MINNEAPOLIS, MN 55402 | Other Commissions | $7,933 |
PASI, LLC8+ years Service code 13 · EIN 26-1407927 | Contract Administrator | $5,388 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return 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.
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 | $10,683 | $91,372-88.3% | $129,995-91.8% | $74,419-85.6% |
| Participation rate | 92.9% | 77.8%+15.2pp | 78.5%+14.5pp | 70.7%+22.2pp |
| Annual return | 9.52% | 23.21%-13.7pp | -137.18%+146.7pp | 34.38%-24.9pp |
| Employer contribution / active EE | $3,168 | $2,563+23.6% | $4,320-26.7% | $2,637+20.1% |
| Participant deferral / active EE | $784 | $4,721-83.4% | $5,820-86.5% | $4,528-82.7% |
| Admin fee / account holder | $91 | $283-67.8% | $10,614-99.1% | $348-73.7% |