Filed October 30, 2020
Total covered: 11 employees
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: VALIC RETIREMENT SERVICES CO. Service code 19 · EIN 51-0396365 | Securities Custodian | $60,212 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 13-1614399 | Recordkeeping and information managem... | $947 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $33,697 | $62,928-46.5% | $172,739-80.5% | $67,579-50.1% |
| Participation rate | 63.6% | 64.5%-0.8pp | 82.6%-19.0pp | 71.3%-7.6pp |
| Annual return | 19.89% | 30.36%-10.5pp | 802.84%-782.9pp | 378.56%-358.7pp |
| Employer contribution / active EE | $1,197 | $1,636-26.8% | $5,143-76.7% | $2,148-44.3% |
| Participant deferral / active EE | $1,340 | $2,145-37.5% | $5,198-74.2% | $3,539-62.1% |
| Admin fee / account holder | $89 | $167-46.3% | $13,954-99.4% | $142-37.1% |