Filed November 17, 2020 (most recent of 12 filings on file)
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 |
|---|---|---|
ALIGHT SOLUTIONS LLC6 years Filed as: ALIGHT FINANCIAL ADVISORS, LLC Service code 26 · EIN 82-1061233 | Advisory (Participants) | $341,036 |
STRATEGIC BENEFIT ADVISORS8+ years Service code 13 · EIN 03-0415817 | Contract Administrator | $150,859 |
ALIGHT SOLUTIONS LLC6 years Service code 15 · EIN 82-1061233 | Recordkeeping | $133,119 |
PRICEWATERHOUSECOOPERS LLP8+ years Service code 10 · EIN 13-4008324 | Accounting | $52,869 |
NORTHERN TRUST COMPANY8+ years Service code 21 · EIN 36-1561860 | Bank Trustee | $43,083 |
THE BANK OF NEW YORK MELLON8+ years Filed as: PERSHING LLC Service code 59 · EIN 13-2741729 | Shareholder Servicing | $24,394 |
Service code 16 7 WEST SQUARE LAKE ROAD · BLOOMFIELD HILLS, MI 48302 | Consulting | $10,956 |
ALIGHT SOLUTIONS LLC6 years Filed as: ALIGHT FINANCIAL SOLUTIONS, LLC Service code 33 · EIN 82-1061233 | Securities brokerage; Distribution (1... | $3,941 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $56,272 | $106,087-47.0% | $86,677-35.1% | $78,044-27.9% |
| Participation rate | 98.7% | 89.6%+9.1pp | 76.6%+22.1pp | 74.4%+24.3pp |
| Annual return | -8.03% | -14.87%+6.8pp | 35.91%-43.9pp | 10.87%-18.9pp |
| Employer contribution / active EE | $1,969 | $4,110-52.1% | $2,836-30.6% | $3,125-37.0% |
| Participant deferral / active EE | $2,603 | $6,851-62.0% | $4,656-44.1% | $5,084-48.8% |
| Admin fee / account holder | $72 | $81-11.7% | $7,493-99.0% | $79-9.2% |