Filed April 3, 2019
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 INSURANCE AND ANNUI Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $50,791 |
QUALIFIED PLANS, LLC4 years Filed as: QUALIFIED PLAN CONSULTANTS, LLC Service code 17 4949 WESTOWN PKWY · WEST DES MOINES, IA 50266 | Pension Consulting | $14,423 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,120 | $37,317-46.1% | $77,024-73.9% | $77,904-74.2% |
| Participation rate | 10.6% | 46.9%-36.2pp | 67.9%-57.3pp | 73.7%-63.0pp |
| Annual return | -15.12% | -5.88%-9.2pp | 42.32%-57.4pp | 12.21%-27.3pp |
| Employer contribution / active EE | $162 | $1,218-86.7% | $2,812-94.2% | $2,848-94.3% |
| Participant deferral / active EE | $612 | $2,564-76.1% | $4,426-86.2% | $4,806-87.3% |
| Admin fee / account holder | $118 | $126-6.0% | $5,425-97.8% | $133-10.9% |