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 | $4,829,958 |
Filed as: PRUDENTIAL INSURANCE CO. Service code 51 · EIN 22-1211670 | Investment Mgmt Fees | $345,323 |
Filed as: PRUDENTIAL TRUST CO. Service code 51 · EIN 23-6994310 | Investment Mgmt Fees | $184,193 |
STATE STREET GLOBAL ADVISORS3 years Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 51 · EIN 81-4017137 | Investment Mgmt Fees | $118,128 |
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 | $19,933 | $41,203-51.6% | $61,373-67.5% | $89,394-77.7% |
| Participation rate | 88.8% | 35.4%+53.5pp | 52.6%+36.3pp | 71.3%+17.5pp |
| Annual return | -16.07% | -14.63%-1.4pp | 338.61%-354.7pp | -11.89%-4.2pp |
| Employer contribution / active EE | $532 | $603-11.7% | $1,159-54.1% | $3,022-82.4% |
| Participant deferral / active EE | $1,451 | $1,367+6.1% | $2,125-31.7% | $5,123-71.7% |
| Admin fee / account holder | $56 | $74-23.5% | $2,130-97.4% | $79-29.1% |