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 | $92,200 |
WILLIS TOWERS WATSON US LLC8 years Filed as: WATSON WYATT INVESTMENT CONSULTING Service code 11 · EIN 53-0181291 | Actuarial | $46,818 |
ERNST & YOUNG LLP4 years Filed as: ERNST & YOUNG, LLP Service code 10 · EIN 34-6565596 | Accounting | $35,500 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $9,602 |
NORTHERN TRUST COMPANY10+ years Service code 21 · EIN 36-1561860 | Bank Trustee | $6,166 |
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 | $20,077 | $82,917-75.8% | $103,333-80.6% | $77,643-74.1% |
| Participation rate | 58.8% | 71.6%-12.8pp | 74.5%-15.7pp | 70.6%-11.8pp |
| Annual return | 12.61% | 19.13%-6.5pp | 24.88%-12.3pp | 31.24%-18.6pp |
| Employer contribution / active EE | $304 | $3,552-91.4% | $3,868-92.1% | $2,726-88.9% |
| Participant deferral / active EE | $3,898 | $4,108-5.1% | $5,057-22.9% | $4,647-16.1% |
| Admin fee / account holder | $84 | $638-86.8% | $8,355-99.0% | $430-80.4% |