Filed November 17, 2017 (most recent of 3 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 9-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 |
|---|---|---|
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $2,908 |
BB&T1 year Service code 50 · EIN 56-1368984 | Direct Payment | $250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $16,487 | $52,626-68.7% | $98,442-83.3% | $93,030-82.3% |
| Participation rate | 11.1% | 65.3%-54.2pp | 73.3%-62.2pp | 73.9%-62.8pp |
| Annual return | 16.36% | 16.95%-0.6pp | 1492.73%-1476.4pp | 158.70%-142.3pp |
| Employer contribution / active EE | $0 | $1,894-100.0% | $2,960-100.0% | $2,706-100.0% |
| Participant deferral / active EE | $291 | $2,907-90.0% | $4,276-93.2% | $4,562-93.6% |
| Admin fee / account holder | $10 | $102-90.3% | $5,949-99.8% | $152-93.5% |