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 5-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 CO Service code 15 · EIN 36-6071399 | Recordkeeping | $19,073 |
Service code 15 · EIN 45-4813650 | Recordkeeping | $14,491 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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).
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 | $6,085 | $45,031-86.5% | $84,966-92.8% | $77,643-92.2% |
| Participation rate | 23.1% | 48.7%-25.6pp | 67.5%-44.4pp | 70.6%-47.5pp |
| Annual return | 12.84% | 79.22%-66.4pp | 66.38%-53.5pp | 31.24%-18.4pp |
| Employer contribution / active EE | $312 | $1,609-80.6% | $2,727-88.6% | $2,726-88.6% |
| Participant deferral / active EE | $451 | $2,807-83.9% | $4,519-90.0% | $4,647-90.3% |
| Admin fee / account holder | $107 | $912-88.2% | $6,149-98.3% | $430-75.1% |