Filed March 22, 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 |
|---|---|---|
Service code 15 · EIN 35-0145825 6805 RELIABLE PKWY · CHICAGO, IL 60686 | Recordkeeping | $48,895 |
Filed as: ALLIANT INSURANCE SERVICES INC DBA Service code 13 | Contract Administrator | $18,888 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,172 |
Filed as: ALLIANT INSURANCE SERVICES Service code 13 DBA ALLIANT RETIREMENT · NEW YORK, NY 10178 | Contract Administrator | $13,838 |
Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,963 |
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 | $19,699 | $50,982-61.4% | $154,803-87.3% | $85,563-77.0% |
| Participation rate | 67.2% | 59.8%+7.4pp | 78.1%-10.9pp | 66.0%+1.2pp |
| Annual return | 14.11% | 30.35%-16.2pp | 58.88%-44.8pp | 31.51%-17.4pp |
| Employer contribution / active EE | $1,116 | $1,708-34.7% | $4,305-74.1% | $2,654-58.0% |
| Participant deferral / active EE | $1,201 | $2,474-51.4% | $5,540-78.3% | $4,375-72.5% |
| Admin fee / account holder | $72 | $846-91.4% | $14,329-99.5% | $834-91.3% |