Filed July 22, 2021
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 |
|---|---|---|
TIAA1 year Service code 15 · EIN 13-1624203 | Recordkeeping | $12,011 |
Employer 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 | $49,790 | $83,884-40.6% | $64,056-22.3% | $74,419-33.1% |
| Participation rate | 83.3% | 76.6%+6.7pp | 72.3%+11.0pp | 70.7%+12.6pp |
| Annual return | 14.63% | 16.57%-1.9pp | 33.69%-19.1pp | 34.38%-19.7pp |
| Employer contribution / active EE | $566 | $3,084-81.7% | $2,747-79.4% | $2,637-78.6% |
| Participant deferral / active EE | $1,903 | $3,692-48.5% | $3,880-51.0% | $4,528-58.0% |
| Admin fee / account holder | $13 | $196-93.4% | $3,068-99.6% | $348-96.3% |