Filed July 30, 2020
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: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $12,187 |
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 declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,863 | $74,089-59.7% | $133,980-77.7% | $55,167-45.9% |
| Participation rate | 100.0% | 84.3%+15.7pp | 87.1%+12.9pp | 69.0%+31.0pp |
| Annual return | 8.72% | 12.11%-3.4pp | 29.30%-20.6pp | 169.23%-160.5pp |
| Employer contribution / active EE | $2,027 | $3,064-33.8% | $5,211-61.1% | $1,963+3.3% |
| Participant deferral / active EE | $2,058 | $4,678-56.0% | $6,282-67.2% | $3,054-32.6% |
| Admin fee / account holder | $59 | $458-87.1% | $9,324-99.4% | $504-88.3% |