Filed July 6, 2021
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 |
|---|---|---|
MORNINGSTAR2+ years Service code 26 · EIN 36-3297908 | Advisory (Participants) | $7,491 |
Filed as: VOYA RETIREMENT INSURANCE & AN. CO. Service code 26 · EIN 71-0294708 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $73,725 | $41,281+78.6% | $109,313-32.6% | $57,658+27.9% |
| Participation rate | 56.5% | 59.3%-2.8pp | 71.3%-14.8pp | 70.2%-13.7pp |
| Annual return | 36.63% | 8.97%+27.7pp | 22.07%+14.6pp | 5.13%+31.5pp |
| Employer contribution / active EE | $1,197 | $1,201-0.4% | $3,892-69.3% | $1,974-39.4% |
| Participant deferral / active EE | $3,707 | $2,223+66.7% | $3,166+17.1% | $3,061+21.1% |
| Admin fee / account holder | $30 | $75-60.6% | $5,666-99.5% | $95-68.7% |