Filed January 19, 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 13 · EIN 42-0127290 | Contract Administrator | $39,765 |
Filed as: ALLIANT INSURANCE SERVICES, INC. Service code 13 | Contract Administrator | $17,030 |
Filed as: ALLIANT INSURANCE SERVICES, INC Service code 13 · EIN 33-0785439 | Contract Administrator | $95 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,560 | $47,722-73.7% | $82,719-84.8% | $64,808-80.6% |
| Participation rate | 68.8% | 67.6%+1.1pp | 72.6%-3.8pp | 71.5%-2.7pp |
| Annual return | -14.19% | -13.05%-1.1pp | 701.18%-715.4pp | 32.82%-47.0pp |
| Employer contribution / active EE | $0 | $2,179-100.0% | $3,009-100.0% | $2,506-100.0% |
| Participant deferral / active EE | $2,038 | $3,329-38.8% | $4,395-53.6% | $4,310-52.7% |
| Admin fee / account holder | $76 | $143-46.6% | $5,329-98.6% | $188-59.3% |