Filed September 9, 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 9-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 |
|---|---|---|
AMERITAS LIFE INSURANCE CORP3 years Service code 15 · EIN 47-0098400 | Recordkeeping | $2,093 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $26,416 | $64,119-58.8% | $112,228-76.5% | $66,914-60.5% |
| Participation rate | 84.4% | 68.5%+15.9pp | 75.1%+9.3pp | 69.8%+14.6pp |
| Annual return | -7.91% | -13.81%+5.9pp | 27.45%-35.4pp | 1.58%-9.5pp |
| Employer contribution / active EE | $2,681 | $3,005-10.8% | $3,635-26.2% | $2,544+5.4% |
| Participant deferral / active EE | $1,234 | $3,693-66.6% | $4,728-73.9% | $4,237-70.9% |
| Admin fee / account holder | $11 | $625-98.2% | $6,410-99.8% | $593-98.1% |