Filed December 21, 2023 (most recent of 2 filings on file)
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 |
|---|---|---|
NATIONWIDE2+ years Service code 19 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Securities Custodian | $6,552 |
PENSION ASSURANCE LLP2+ years Filed as: PENSION SOLUTIONS Service code 13 · EIN 73-1521434 9400 N BROADWAY, SUITE 410 · OKLAHOMA CITY, OK 73114 | Contract Administrator | $6,543 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $7,991 | $46,732-82.9% | $156,549-94.9% | $55,167-85.5% |
| Participation rate | 40.0% | 65.8%-25.8pp | 84.0%-44.0pp | 69.0%-29.0pp |
| Annual return | 5.25% | 17.72%-12.5pp | 32.23%-27.0pp | 169.23%-164.0pp |
| Employer contribution / active EE | $452 | $2,105-78.5% | $5,501-91.8% | $1,963-76.9% |
| Participant deferral / active EE | $605 | $2,204-72.5% | $4,871-87.6% | $3,054-80.2% |
| Admin fee / account holder | $0 | $418-100.0% | $13,027-100.0% | $504-100.0% |