Filed August 7, 2023
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 |
|---|---|---|
TIAA9 years Service code 15 · EIN 13-1624203 | Recordkeeping | $136,778 |
SAGEVIEW ADVISORY GROUP, LLC10+ years Service code 28 · EIN 33-0818667 | Investment Management | $81,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $176,354 | $113,293+55.7% | $67,502+161.3% | $199,593-11.6% |
| Participation rate | 65.7% | 73.3%-7.6pp | 72.9%-7.1pp | 72.0%-6.2pp |
| Annual return | 12.22% | 15.88%-3.7pp | 3512.12%-3499.9pp | 34.25%-22.0pp |
| Employer contribution / active EE | $3,051 | $3,401-10.3% | $2,731+11.7% | $3,034+0.6% |
| Participant deferral / active EE | $2,576 | $4,159-38.1% | $4,000-35.6% | $5,087-49.4% |
| Admin fee / account holder | $87 | $103-15.0% | $3,998-97.8% | $269-67.6% |