Filed May 4, 2016
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 FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $51,934 |
Filed as: ADMIN. GROUP LLC DBA TAG RESOURCES Service code 15 · EIN 62-1874769 | Recordkeeping | $2,800 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,202 | $86,655+12.2% | $119,609-18.7% | $66,914+45.3% |
| Participation rate | 41.0% | 75.6%-34.5pp | 79.3%-38.2pp | 69.8%-28.8pp |
| Annual return | -15.39% | -8.00%-7.4pp | -14.97%-0.4pp | 1.58%-17.0pp |
| Employer contribution / active EE | $1,245 | $2,536-50.9% | $4,232-70.6% | $2,544-51.1% |
| Participant deferral / active EE | $2,440 | $4,358-44.0% | $5,602-56.4% | $4,237-42.4% |
| Admin fee / account holder | $760 | $755+0.7% | $10,323-92.6% | $593+28.1% |