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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: NEW YORK LIFE INSURANCE CO Service code 15 · EIN 04-3157927 | Recordkeeping | $5,939 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $97,040 | $43,075+125.3% | $74,583+30.1% | $62,891+54.3% |
| Participation rate | 73.5% | 58.1%+15.4pp | 68.1%+5.4pp | 69.3%+4.2pp |
| Annual return | 1.35% | 17.50%-16.2pp | 20.47%-19.1pp | 20.14%-18.8pp |
| Employer contribution / active EE | $0 | $1,498-100.0% | $2,525-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $4,034 | $2,389+68.8% | $3,458+16.7% | $3,203+26.0% |
| Admin fee / account holder | $78 | $2,840-97.2% | $4,138-98.1% | $4,296-98.2% |