Filed February 18, 2022
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: VOYA FINANCIAL, INC. Service code 15 · EIN 71-0294708 | Recordkeeping | $6,668,251 |
Filed as: PRUDENTIAL INSURANCE Service code 51 · EIN 22-1211670 | Investment Mgmt Fees | $613,921 |
Filed as: PRUDENTIAL TRUST Service code 51 · EIN 23-6994310 | Investment Mgmt Fees | $189,353 |
Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 51 · EIN 81-4017137 | Investment Mgmt Fees | $123,435 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,402 | $48,082-55.5% | $77,482-72.4% | $106,222-79.9% |
| Participation rate | 91.4% | 33.6%+57.9pp | 54.2%+37.2pp | 70.8%+20.6pp |
| Annual return | 15.23% | 15.72%-0.5pp | 54.79%-39.6pp | 21.69%-6.5pp |
| Employer contribution / active EE | $516 | $457+12.9% | $986-47.7% | $2,723-81.0% |
| Participant deferral / active EE | $1,389 | $1,043+33.2% | $1,861-25.4% | $4,600-69.8% |
| Admin fee / account holder | $74 | $79-7.4% | $2,858-97.4% | $78-6.2% |