Filed January 3, 2024
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 |
|---|---|---|
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $34,090 |
Filed as: RESOURCES INVESTMENT ADVISORS. Service code 27 4860 COLLEGE BLVD · OVERLAND PARK, KS 66211 | Advisory (Plan) | $10,003 |
BB&T3 years Service code 50 · EIN 56-1368984 | Direct Payment | $1,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,598 | $53,512-42.8% | $189,557-83.9% | $93,030-67.1% |
| Participation rate | 34.9% | 67.3%-32.4pp | 78.4%-43.6pp | 73.9%-39.0pp |
| Annual return | 17.74% | 20.32%-2.6pp | 64.17%-46.4pp | 158.70%-141.0pp |
| Employer contribution / active EE | $869 | $1,429-39.2% | $4,412-80.3% | $2,706-67.9% |
| Participant deferral / active EE | $1,359 | $3,748-63.7% | $6,174-78.0% | $4,562-70.2% |
| Admin fee / account holder | $51 | $95-46.9% | $9,807-99.5% | $152-66.7% |