Filed March 12, 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: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $55,734 |
Service code 15 · EIN 13-3601506 | Recordkeeping | $3,225 |
Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849 | Advisory (Plan) | $2,451 |
Filed as: MML INVESTORS SERVICES, LLC Service code 22 · EIN 04-3109325 | Insurance Broker | $433 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,738 | $101,499-34.2% | $147,005-54.6% | $74,546-10.5% |
| Participation rate | 72.7% | 75.5%-2.9pp | 82.2%-9.5pp | 67.2%+5.5pp |
| Annual return | 19.19% | 8732.34%-8713.2pp | 418.76%-399.6pp | 1366.03%-1346.8pp |
| Employer contribution / active EE | $2,894 | $3,811-24.1% | $4,934-41.4% | $2,624+10.3% |
| Participant deferral / active EE | $6,504 | $7,304-11.0% | $8,070-19.4% | $4,347+49.6% |
| Admin fee / account holder | $312 | $1,748-82.2% | $13,006-97.6% | $1,944-84.0% |