Filed July 27, 2020
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 9-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 |
|---|---|---|
AXA EQUITABLE LIFE INSURANCE CO6+ years Filed as: AXA EQUITABLE LIFE INSURANCE COMPAN Service code 25 · EIN 13-5570651 1840 CENTURY PARK EAST, SUITE 300 · LOS ANGELES, CA 90067 | Directed Trustee | $2,864 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $48,683 | $61,156-20.4% | $185,823-73.8% | $79,386-38.7% |
| Participation rate | 56.8% | 66.6%-9.8pp | 81.7%-24.9pp | 70.7%-13.9pp |
| Annual return | 9.50% | 19.45%-9.9pp | 122.05%-112.5pp | 116.85%-107.3pp |
| Employer contribution / active EE | $1,293 | $2,321-44.3% | $5,167-75.0% | $2,427-46.7% |
| Participant deferral / active EE | $1,475 | $2,789-47.1% | $5,568-73.5% | $4,046-63.5% |
| Admin fee / account holder | $804 | $710+13.3% | $16,237-95.0% | $626+28.3% |