Filed June 23, 2022
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 64 11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277 | Recordkeeping Fees | $52,940 |
MSI FINANCIAL SERVICES INC.2 years Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111 | Other Commissions | $2,056 |
Filed as: MML INVESTORS SERVICES Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111 | Other Commissions | $1,148 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 64 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping Fees | $851 |
Filed as: PRUDENTIAL INSURANCE CO OF AMERICA Service code 64 · EIN 22-1211670 | Recordkeeping Fees | $480 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,509 | $44,989-72.2% | $170,442-92.7% | $77,958-84.0% |
| Participation rate | 92.6% | 64.6%+28.0pp | 83.6%+9.0pp | 71.6%+20.9pp |
| Annual return | 14.67% | 19.61%-4.9pp | 205.93%-191.3pp | 20.87%-6.2pp |
| Employer contribution / active EE | $325 | $1,466-77.8% | $5,433-94.0% | $2,310-85.9% |
| Participant deferral / active EE | $993 | $2,208-55.0% | $4,939-79.9% | $3,537-71.9% |
| Admin fee / account holder | $21 | $69-69.5% | $13,880-99.8% | $97-78.4% |