Filed October 16, 2023
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 |
|---|---|---|
ALLIANCE BENEFIT GROUP1 year Filed as: ALLIANCE BENEFIT GROUP OF HOUSTON Service code 13 · EIN 76-0500416 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $21,269 | $63,156-66.3% | $122,332-82.6% | $62,292-65.9% |
| Participation rate | 52.4% | 60.0%-7.6pp | 71.6%-19.2pp | 69.5%-17.1pp |
| Annual return | 17.98% | 20.61%-2.6pp | 30.27%-12.3pp | 28.90%-10.9pp |
| Employer contribution / active EE | $976 | $1,385-29.5% | $4,050-75.9% | $2,042-52.2% |
| Participant deferral / active EE | $1,283 | $2,321-44.7% | $3,287-61.0% | $3,169-59.5% |
| Admin fee / account holder | $61 | $440-86.1% | $5,478-98.9% | $479-87.2% |