Filed September 19, 2019 (most recent of 3 filings on file)
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 | $545,316 |
Filed as: WILLIS TOWERS WATSON Service code 27 · EIN 52-1868818 | Advisory (Plan) | $149,280 |
KPMG LLP10+ years Service code 10 · EIN 13-5565207 | Accounting | $102,000 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,115 | $64,975-52.1% | $97,226-68.0% | $106,382-70.8% |
| Participation rate | 56.9% | 45.4%+11.5pp | 72.7%-15.8pp | 69.9%-13.0pp |
| Annual return | 12.65% | 15.21%-2.6pp | 75.13%-62.5pp | 17.37%-4.7pp |
| Employer contribution / active EE | $898 | $1,126-20.3% | $2,729-67.1% | $3,364-73.3% |
| Participant deferral / active EE | $2,167 | $2,466-12.1% | $4,264-49.2% | $5,569-61.1% |
| Admin fee / account holder | $55 | $69-19.1% | $5,654-99.0% | $79-30.0% |