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 | $61,724 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 16-1004825 | Claims processing; Recordkeeping and ... | $925 |
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 | $35,661 | $52,293-31.8% | $178,490-80.0% | $73,409-51.4% |
| Participation rate | 60.6% | 65.3%-4.8pp | 81.9%-21.3pp | 72.2%-11.6pp |
| Annual return | 15.21% | 34.75%-19.5pp | 151.07%-135.9pp | 59.29%-44.1pp |
| Employer contribution / active EE | $1,272 | $1,735-26.7% | $5,011-74.6% | $2,234-43.1% |
| Participant deferral / active EE | $1,383 | $2,332-40.7% | $5,202-73.4% | $3,805-63.7% |
| Admin fee / account holder | $93 | $127-26.7% | $13,984-99.3% | $158-40.8% |