Filed April 18, 2023 (most recent of 3 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 |
|---|---|---|
Filed as: ROYAL WEALTH MANAGEMENT Service code 17 9300 UNDERWOOD AVENUE, SUITE 500 · OMAHA, NE 68114 | Pension Consulting | $41,314 |
Filed as: VOYA RETIREMENT & INSURANCE ANNUITY Service code 13 · EIN 71-0294708 | Contract Administrator | $150 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,293 | $128,603-27.5% | $197,124-52.7% | $67,986+37.2% |
| Participation rate | 94.6% | 81.7%+12.9pp | 86.7%+7.9pp | 57.2%+37.4pp |
| Annual return | 17.80% | 23.77%-6.0pp | 44.34%-26.5pp | 31.67%-13.9pp |
| Employer contribution / active EE | $3,159 | $4,379-27.9% | $6,227-49.3% | $2,019+56.5% |
| Participant deferral / active EE | $6,402 | $6,840-6.4% | $9,135-29.9% | $3,358+90.6% |
| Admin fee / account holder | $428 | $3,035-85.9% | $16,298-97.4% | $3,203-86.6% |