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 MELLON3+ years Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085 | Advisory (Plan) | $14,476 |
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $9,803 |
Service code 15 · EIN 45-4208939 | Recordkeeping | $2,025 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,366 | $96,484-68.5% | $156,263-80.6% | $74,304-59.1% |
| Participation rate | 59.8% | 67.7%-7.9pp | 78.9%-19.1pp | 60.3%-0.5pp |
| Annual return | 10.08% | 17.73%-7.7pp | 59.47%-49.4pp | 29.43%-19.4pp |
| Employer contribution / active EE | $1,858 | $2,528-26.5% | $4,333-57.1% | $2,241-17.1% |
| Participant deferral / active EE | $3,307 | $4,286-22.9% | $6,158-46.3% | $3,767-12.2% |
| Admin fee / account holder | $204 | $3,728-94.5% | $14,255-98.6% | $2,969-93.1% |