Filed December 28, 2023
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 26 · EIN 71-0294708 | Advisory (Participants) | $139,261 |
OSAIC WEALTH INC2 years Filed as: OSAIC WEALTH, INC. Service code 55 18700 N HAYDEN RD STE 255 · SCOTTSDALE, AZ 85255 | Other Commissions | $79,927 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $17,548 |
MORNINGSTAR5 years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $7,990 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $171,770 | $95,880+79.2% | $107,525+59.7% | $85,563+100.8% |
| Participation rate | 99.7% | 70.1%+29.5pp | 75.1%+24.6pp | 66.0%+33.7pp |
| Annual return | 17.08% | 68.06%-51.0pp | 181.32%-164.2pp | 31.51%-14.4pp |
| Employer contribution / active EE | $4,549 | $3,812+19.3% | $3,754+21.2% | $2,654+71.4% |
| Participant deferral / active EE | $13,413 | $4,201+219.3% | $5,116+162.2% | $4,375+206.6% |
| Admin fee / account holder | $425 | $1,025-58.6% | $8,919-95.2% | $834-49.1% |