Filed June 3, 2024 (most recent of 2 filings on file)
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 |
|---|---|---|
TIAA3+ years Service code 15 · EIN 13-1624203 | Recordkeeping | $10,847 |
Filed as: VARIABLE ANNUITY LIFE INS CO Service code 13 · EIN 74-1625348 | Contract Administrator | $8,284 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $121,309 | $57,976+109.2% | $62,995+92.6% | $62,292+94.7% |
| Participation rate | 47.3% | 75.9%-28.6pp | 74.8%-27.5pp | 69.5%-22.2pp |
| Annual return | 13.19% | 17.54%-4.3pp | 87.57%-74.4pp | 28.90%-15.7pp |
| Employer contribution / active EE | $3,155 | $2,415+30.7% | $2,759+14.4% | $2,042+54.5% |
| Participant deferral / active EE | $3,155 | $2,956+6.7% | $3,329-5.2% | $3,169-0.4% |
| Admin fee / account holder | $45 | $276-83.6% | $3,600-98.7% | $479-90.5% |