Filed July 19, 2019
Total covered: 13 employees
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 |
|---|---|---|
Service code 15 · EIN 71-0294708 | Recordkeeping | $47,711 |
VBA BENEFITS CORPORATION4 years Service code 99 · EIN 54-1741662 | Other Fees | $25,965 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,023 | $130,194-43.9% | $169,993-57.0% | $71,457+2.2% |
| Participation rate | 96.8% | 86.1%+10.7pp | 87.0%+9.8pp | 67.9%+28.9pp |
| Annual return | 14.39% | 20.37%-6.0pp | 53.37%-39.0pp | 28.85%-14.5pp |
| Employer contribution / active EE | $2,094 | $4,381-52.2% | $6,785-69.1% | $2,588-19.1% |
| Participant deferral / active EE | $3,647 | $6,923-47.3% | $10,408-65.0% | $4,289-15.0% |
| Admin fee / account holder | $475 | $966-50.8% | $12,815-96.3% | $1,587-70.1% |