Filed May 22, 2023
Total covered: 400 employees
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 |
|---|---|---|
Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 50 · EIN 71-0294708 | Direct Payment | $6,543 |
AMERICAN FUNDS7+ years Filed as: AMERICAN FUNDS SERVICE COMPANY Service code 28 P.O. BOX 2280 · NORFOLK, VA 23501 | Investment Management | $50 |
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 | $35,347 | $56,485-37.4% | $185,823-81.0% | $86,799-59.3% |
| Participation rate | 99.9% | 65.5%+34.4pp | 81.7%+18.2pp | 72.3%+27.6pp |
| Annual return | 9.54% | 118.04%-108.5pp | 122.05%-112.5pp | 97.91%-88.4pp |
| Employer contribution / active EE | $1,470 | $1,843-20.2% | $5,167-71.5% | $2,405-38.9% |
| Participant deferral / active EE | $1,679 | $2,553-34.2% | $5,568-69.8% | $4,131-59.4% |
| Admin fee / account holder | $9 | $150-94.1% | $16,237-99.9% | $170-94.8% |