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 CO8+ 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 | $1,801 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $50,499 | $61,272-17.6% | $149,673-66.3% | $71,457-29.3% |
| Participation rate | 59.6% | 62.5%-2.9pp | 78.8%-19.2pp | 67.9%-8.3pp |
| Annual return | 11.31% | 35.85%-24.5pp | 134.42%-123.1pp | 28.85%-17.5pp |
| Employer contribution / active EE | $1,169 | $2,378-50.9% | $4,818-75.7% | $2,588-54.8% |
| Participant deferral / active EE | $1,651 | $2,917-43.4% | $5,680-70.9% | $4,289-61.5% |
| Admin fee / account holder | $825 | $1,261-34.6% | $13,210-93.8% | $1,587-48.1% |