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: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $14,101 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,353 |
Service code 22 · EIN 52-1473914 | Insurance Broker | $4,659 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $21,005 | $60,165-65.1% | $74,183-71.7% | $55,167-61.9% |
| Participation rate | 59.2% | 74.2%-15.0pp | 76.6%-17.4pp | 69.0%-9.8pp |
| Annual return | 10.78% | 10.00%+0.8pp | 17.74%-7.0pp | 169.23%-158.4pp |
| Employer contribution / active EE | $616 | $1,600-61.5% | $2,370-74.0% | $1,963-68.6% |
| Participant deferral / active EE | $2,070 | $2,973-30.4% | $3,550-41.7% | $3,054-32.2% |
| Admin fee / account holder | $124 | $419-70.4% | $5,586-97.8% | $504-75.3% |