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 RET. INSURANCE&ANNUITY COMPANY Service code 37 · EIN 71-0294708 P.O. BOX 990067 · HARTFORD, CT 061990067 | Loan Processing | $510 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $9,933 | $55,453-82.1% | $170,442-94.2% | $62,292-84.1% |
| Participation rate | 41.5% | 66.4%-24.8pp | 83.6%-42.1pp | 69.5%-28.0pp |
| Annual return | 13.10% | 21.38%-8.3pp | 205.93%-192.8pp | 28.90%-15.8pp |
| Employer contribution / active EE | $433 | $2,164-80.0% | $5,433-92.0% | $2,042-78.8% |
| Participant deferral / active EE | $653 | $2,303-71.6% | $4,939-86.8% | $3,169-79.4% |
| Admin fee / account holder | $11 | $455-97.6% | $13,880-99.9% | $479-97.7% |