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 LLC9 years Filed as: ALIGHT FINANCIAL ADVISORS, LLC Service code 26 · EIN 82-1061233 | Advisory (Participants) | $260,580 |
STRATEGIC BENEFIT ADVISORS11+ years Service code 13 · EIN 03-0415817 | Contract Administrator | $175,481 |
ALIGHT SOLUTIONS LLC9 years Service code 15 · EIN 82-1061233 | Recordkeeping | $166,835 |
THE BANK OF NEW YORK MELLON11+ years Filed as: PERSHING LLC Service code 59 · EIN 13-2741729 | Shareholder Servicing | $77,007 |
NORTHERN TRUST COMPANY11+ years Service code 21 · EIN 36-1561860 | Bank Trustee | $72,216 |
PRICEWATERHOUSECOOPERS LLP11+ years Service code 10 · EIN 13-4008324 | Accounting | $67,000 |
CATERPILLAR INC3 years Service code 30 · EIN 37-0602744 | Employee (plan); Direct payment from ... | $17,850 |
ALIGHT SOLUTIONS LLC9 years Filed as: ALIGHT FINANCIAL SOLUTIONS, LLC Service code 33 · EIN 82-1061233 | Distribution (12b-1) fees; Finders' f... | $10,956 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,063 | $151,876-35.4% | $113,168-13.3% | $117,739-16.7% |
| Participation rate | 99.5% | 92.5%+6.9pp | 76.6%+22.9pp | 76.6%+22.8pp |
| Annual return | 25.52% | 15.75%+9.8pp | 24.27%+1.3pp | 17.29%+8.2pp |
| Employer contribution / active EE | $3,732 | $4,598-18.8% | $2,975+25.4% | $3,746-0.4% |
| Participant deferral / active EE | $3,009 | $7,767-61.3% | $5,107-41.1% | $6,128-50.9% |
| Admin fee / account holder | $83 | $70+18.1% | $12,068-99.3% | $112-26.2% |