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 | $73,124 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 16-1004825 | Participant loan processing; Recordke... | $919 |
EQUITABLE ADVISORS LLC1 year Filed as: EQUITABLE FINANCIAL LIFE INSURANCE Service code 25 · EIN 13-5570651 | Directed Trustee | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,722 | $56,485-49.2% | $185,823-84.5% | $86,799-66.9% |
| Participation rate | 84.9% | 65.5%+19.4pp | 81.7%+3.2pp | 72.3%+12.6pp |
| Annual return | 17.11% | 118.04%-100.9pp | 122.05%-104.9pp | 97.91%-80.8pp |
| Employer contribution / active EE | $1,361 | $1,843-26.1% | $5,167-73.7% | $2,405-43.4% |
| Participant deferral / active EE | $1,655 | $2,553-35.2% | $5,568-70.3% | $4,131-59.9% |
| Admin fee / account holder | $67 | $150-55.3% | $16,237-99.6% | $170-60.6% |