Filed July 17, 2015
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: GREAT-WEST TRUST COMPANY, LLC (NY) Service code 15 · EIN 84-0467907 | Recordkeeping | $9,511 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $30,838 | $56,095-45.0% | $178,490-82.7% | $90,288-65.8% |
| Participation rate | 41.5% | 65.6%-24.1pp | 81.9%-40.5pp | 73.4%-31.9pp |
| Annual return | 12.72% | 28.81%-16.1pp | 151.07%-138.3pp | 53.97%-41.2pp |
| Employer contribution / active EE | $474 | $1,572-69.9% | $5,011-90.5% | $2,524-81.2% |
| Participant deferral / active EE | $817 | $2,669-69.4% | $5,202-84.3% | $4,232-80.7% |
| Admin fee / account holder | $9 | $101-90.6% | $13,984-99.9% | $114-91.7% |