Filed August 24, 2020 (most recent of 3 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 |
|---|---|---|
MILLIMAN, INC.11+ years Filed as: MILLIMAN INC. Service code 15 · EIN 91-0675641 | Recordkeeping | $725,865 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $52,855 | $77,577-31.9% | $101,794-48.1% | $140,769-62.5% |
| Participation rate | 28.3% | 56.8%-28.5pp | 69.2%-40.9pp | 74.2%-45.8pp |
| Annual return | 17.64% | 14.47%+3.2pp | 30.53%-12.9pp | 16.82%+0.8pp |
| Employer contribution / active EE | $967 | $1,318-26.6% | $2,289-57.8% | $3,906-75.3% |
| Participant deferral / active EE | $1,453 | $2,205-34.1% | $4,084-64.4% | $6,717-78.4% |
| Admin fee / account holder | $71 | $84-15.3% | $8,777-99.2% | $229-68.9% |