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 LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $12,825 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $10,807 | $37,213-71.0% | $156,549-93.1% | $63,975-83.1% |
| Participation rate | 19.8% | 65.0%-45.2pp | 84.0%-64.2pp | 71.1%-51.3pp |
| Annual return | 13.87% | 47.89%-34.0pp | 32.23%-18.4pp | 48.65%-34.8pp |
| Employer contribution / active EE | $340 | $1,357-75.0% | $5,501-93.8% | $2,182-84.4% |
| Participant deferral / active EE | $116 | $2,070-94.4% | $4,871-97.6% | $3,356-96.5% |
| Admin fee / account holder | $19 | $56-66.7% | $13,027-99.9% | $70-73.4% |