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 INSTITUTIONAL PLAN SERVICES Service code 15 · EIN 04-3516284 | Recordkeeping | $67,225 |
ERNST & YOUNG LLP2 years Filed as: ERNST & YOUNG, LLP Service code 10 · EIN 34-6565596 | Accounting | $35,100 |
WILLIS TOWERS WATSON US LLC6 years Filed as: WATSON WYATT INVESTMENT CONSULTING Service code 11 · EIN 53-0181291 | Actuarial | $28,000 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $9,464 |
NORTHERN TRUST COMPANY8+ years Service code 21 · EIN 36-1561860 | Bank Trustee | $6,078 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $15,541 | $76,774-79.8% | $112,228-86.2% | $77,904-80.1% |
| Participation rate | 45.1% | 80.2%-35.1pp | 75.1%-30.0pp | 73.7%-28.6pp |
| Annual return | -14.47% | -10.25%-4.2pp | 27.45%-41.9pp | 12.21%-26.7pp |
| Employer contribution / active EE | $89 | $3,977-97.8% | $3,635-97.6% | $2,848-96.9% |
| Participant deferral / active EE | $2,874 | $3,778-23.9% | $4,728-39.2% | $4,806-40.2% |
| Admin fee / account holder | $96 | $239-59.9% | $6,410-98.5% | $133-27.7% |