Filed February 8, 2022
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: POPULAR INC. Service code 21 · EIN 66-0561870 | Bank Trustee | $13,710 |
Participant 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,510 | $80,005-75.6% | $140,016-86.1% | $55,725-65.0% |
| Participation rate | 98.1% | 87.0%+11.1pp | 87.5%+10.6pp | 70.9%+27.2pp |
| Annual return | -4.77% | 0.46%-5.2pp | 651.12%-655.9pp | 244.93%-249.7pp |
| Employer contribution / active EE | $1,883 | $3,403-44.7% | $5,606-66.4% | $2,078-9.4% |
| Participant deferral / active EE | $2,899 | $5,264-44.9% | $6,927-58.2% | $3,356-13.6% |
| Admin fee / account holder | $39 | $116-66.4% | $10,705-99.6% | $115-66.2% |