Filed February 15, 2022
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 |
|---|---|---|
NATIONWIDE2+ years Service code 15 · EIN 31-1592130 | Recordkeeping | $37,666 |
ROYAL ALLIANCE ASSOCIATES INC2+ years Filed as: ROYAL ALLIANCE ASSOC., INC. Service code 52 | Indirect Investment Fees | $16,840 |
ROYAL ALLIANCE ASSOCIATES INC2+ years Filed as: ROYAL ALLIANCE ASSOC, INC. Service code 52 ONE WORLD FINANCIAL CENTER, 14TH FL · NEW YORK, NY 10281 | Indirect Investment Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $34,482 | $36,916-6.6% | $156,549-78.0% | $57,658-40.2% |
| Participation rate | 40.8% | 63.4%-22.6pp | 84.0%-43.2pp | 70.2%-29.4pp |
| Annual return | 6.04% | 12.38%-6.3pp | 32.23%-26.2pp | 5.13%+0.9pp |
| Employer contribution / active EE | $489 | $1,571-68.9% | $5,501-91.1% | $1,974-75.2% |
| Participant deferral / active EE | $1,048 | $1,926-45.6% | $4,871-78.5% | $3,061-65.8% |
| Admin fee / account holder | $312 | $82+277.8% | $13,027-97.6% | $95+229.7% |