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 | $21,530 |
Filed as: MERRILL LYNCH Service code 22 · EIN 13-2808480 | Insurance Broker | $2,661 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $37,720 | $88,515-57.4% | $162,163-76.7% | $67,579-44.2% |
| Participation rate | 100.0% | 86.8%+13.2pp | 87.6%+12.4pp | 71.3%+28.7pp |
| Annual return | 21.82% | 27.04%-5.2pp | 115.59%-93.8pp | 378.56%-356.7pp |
| Employer contribution / active EE | $3,661 | $3,563+2.7% | $5,614-34.8% | $2,148+70.4% |
| Participant deferral / active EE | $2,772 | $5,724-51.6% | $7,298-62.0% | $3,539-21.7% |
| Admin fee / account holder | $70 | $124-43.1% | $10,843-99.4% | $142-50.6% |