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 | $21,179 |
BANCO POPULAR DE PUERTO RICO4 years Service code 72 | Other investment fees and expenses | $0 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,094 | $129,021-72.0% | $184,203-80.4% | $77,643-53.5% |
| Participation rate | 98.5% | 87.3%+11.1pp | 86.8%+11.7pp | 70.6%+27.9pp |
| Annual return | 13.19% | 33.27%-20.1pp | 28.81%-15.6pp | 31.24%-18.0pp |
| Employer contribution / active EE | $1,909 | $4,413-56.7% | $6,427-70.3% | $2,726-30.0% |
| Participant deferral / active EE | $2,816 | $7,297-61.4% | $9,131-69.2% | $4,647-39.4% |
| Admin fee / account holder | $37 | $254-85.5% | $13,901-99.7% | $430-91.5% |