Filed March 5, 2021
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 LLC7 years Service code 15 · EIN 11-3665754 | Recordkeeping | $23,490 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,325 | $53,136-44.8% | $155,509-81.1% | $199,593-85.3% |
| Participation rate | 25.8% | 64.1%-38.3pp | 78.2%-52.4pp | 72.0%-46.2pp |
| Annual return | 14.08% | 41.15%-27.1pp | 64.67%-50.6pp | 34.25%-20.2pp |
| Employer contribution / active EE | $451 | $1,851-75.6% | $4,672-90.3% | $3,034-85.1% |
| Participant deferral / active EE | $441 | $3,161-86.0% | $5,626-92.2% | $5,087-91.3% |
| Admin fee / account holder | $29 | $185-84.3% | $15,912-99.8% | $269-89.2% |