Filed January 11, 2024
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 |
|---|---|---|
STADION MONEY MANAGEMENT11+ years Service code 26 · EIN 58-2099805 | Advisory (Participants) | $42,623 |
Filed as: PRIME PENSIONS INC Service code 15 · EIN 46-1224594 | Recordkeeping | $12,750 |
LINCOLN NATIONAL CORPORATION11+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $10,678 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $140,369 | $84,556+66.0% | $116,228+20.8% | $74,304+88.9% |
| Participation rate | 36.3% | 66.0%-29.7pp | 74.6%-38.2pp | 60.3%-24.0pp |
| Annual return | 12.35% | 18.35%-6.0pp | 90.06%-77.7pp | 29.43%-17.1pp |
| Employer contribution / active EE | $298 | $2,168-86.3% | $2,994-90.1% | $2,241-86.7% |
| Participant deferral / active EE | $2,334 | $3,814-38.8% | $4,953-52.9% | $3,767-38.0% |
| Admin fee / account holder | $654 | $3,792-82.8% | $11,989-94.5% | $2,969-78.0% |