Filed May 29, 2024
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 |
|---|---|---|
TIAA8+ years Service code 64 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 100173206 | Recordkeeping Fees | $33,613 |
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 | $5,204 | $163,676-96.8% | $91,220-94.3% | - |
| Participation rate | 93.2% | 66.2%+27.0pp | 73.2%+20.0pp | - |
| Annual return | -15.00% | -11.88%-3.1pp | 114.01%-129.0pp | - |
| Employer contribution / active EE | -$116 | $2,304-105.0% | $2,850-104.1% | - |
| Participant deferral / active EE | $0 | $3,975-100.0% | $4,234-100.0% | - |
| Admin fee / account holder | $29 | $34,290-99.9% | $5,420-99.5% | - |