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 3-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 |
|---|---|---|
THE BANK OF NEW YORK MELLON1+ years Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085 | Advisory (Plan) | $16,959 |
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $8,924 |
Service code 15 · EIN 45-4208939 | Recordkeeping | $1,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,968 | $82,978-68.7% | $129,995-80.0% | $71,457-63.7% |
| Participation rate | 46.5% | 74.1%-27.5pp | 78.5%-32.0pp | 67.9%-21.4pp |
| Annual return | 10.73% | 20.60%-9.9pp | -137.18%+147.9pp | 28.85%-18.1pp |
| Employer contribution / active EE | $1,198 | $2,622-54.3% | $4,320-72.3% | $2,588-53.7% |
| Participant deferral / active EE | $2,297 | $4,432-48.2% | $5,820-60.5% | $4,289-46.4% |
| Admin fee / account holder | $204 | $1,729-88.2% | $10,614-98.1% | $1,587-87.2% |