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 CORP4 years Service code 15 · EIN 47-0098400 | Recordkeeping | $4,522 |
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 | $33,371 | $76,670-56.5% | $96,683-65.5% | $71,457-53.3% |
| Participation rate | 80.4% | 66.6%+13.9pp | 74.3%+6.1pp | 67.9%+12.5pp |
| Annual return | 19.11% | 48.29%-29.2pp | 35.69%-16.6pp | 28.85%-9.7pp |
| Employer contribution / active EE | $8,899 | $3,031+193.6% | $3,737+138.1% | $2,588+243.9% |
| Participant deferral / active EE | $1,295 | $3,771-65.7% | $4,878-73.5% | $4,289-69.8% |
| Admin fee / account holder | $20 | $2,028-99.0% | $6,730-99.7% | $1,587-98.7% |