Filed September 8, 2020
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 |
|---|---|---|
TAX FAVORED BENEFITS, INC.2 years Service code 13 · EIN 48-0912395 | Contract Administrator | $14,575 |
AMERITAS LIFE INSURANCE CORP6+ years Filed as: AMERITAS LIFE INSURANCE CORP. Service code 15 5900 O STREET · LINCOLN, NE 68510 | Recordkeeping | $8,636 |
NATIONWIDE1 year Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $3,489 |
Service code 27 6504 BRIDGEPORT PARKWAY STE 450 · AUSTIN, TN 78730 | Advisory (Plan) | $640 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,169 | $91,517-19.0% | $101,248-26.7% | $73,409+1.0% |
| Participation rate | 92.9% | 73.8%+19.1pp | 75.8%+17.1pp | 72.2%+20.7pp |
| Annual return | 14.26% | 17.17%-2.9pp | 46.47%-32.2pp | 59.29%-45.0pp |
| Employer contribution / active EE | $2,942 | $2,877+2.3% | $3,660-19.6% | $2,234+31.7% |
| Participant deferral / active EE | $3,972 | $3,338+19.0% | $4,370-9.1% | $3,805+4.4% |
| Admin fee / account holder | $102 | $216-52.7% | $5,945-98.3% | $158-35.4% |