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 |
|---|---|---|
NATIONWIDE4+ years Service code 19 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Securities Custodian | $9,614 |
PENSION ASSURANCE LLP4+ years Filed as: PENSION SOLUTIONS Service code 13 · EIN 73-1521434 9400 N BROADWAY, SUITE 410 · OKLAHOMA CITY, OK 73114 | Contract Administrator | $5,023 |
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.
Annual investment return 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 | $9,289 | $47,977-80.6% | $154,107-94.0% | $56,287-83.5% |
| Participation rate | 37.7% | 66.2%-28.5pp | 83.0%-45.4pp | 69.9%-32.2pp |
| Annual return | -9.15% | 3.54%-12.7pp | 735.12%-744.3pp | -9.96%+0.8pp |
| Employer contribution / active EE | $398 | $2,169-81.7% | $5,298-92.5% | $2,111-81.2% |
| Participant deferral / active EE | $522 | $2,392-78.2% | $5,081-89.7% | $3,350-84.4% |
| Admin fee / account holder | $253 | $438-42.3% | $13,411-98.1% | $521-51.5% |