Filed September 25, 2020 (most recent of 5 filings on file)
Total covered: 8 employees
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: VALIC RETIREMENT SERVICES CO. Service code 19 · EIN 51-0396365 | Securities Custodian | $39,156 |
Filed as: VARIABLE ANNUITY LIFE INSURANCE CO. Service code 19 · EIN 74-1625348 | Securities Custodian | $403 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,704 | $65,241-11.6% | $126,539-54.4% | $85,563-32.6% |
| Participation rate | 47.1% | 48.6%-1.6pp | 69.8%-22.7pp | 66.0%-18.9pp |
| Annual return | 13.12% | 42.19%-29.1pp | 425.95%-412.8pp | 31.51%-18.4pp |
| Employer contribution / active EE | $1,702 | $1,937-12.1% | $3,674-53.7% | $2,654-35.8% |
| Participant deferral / active EE | $1,957 | $3,032-35.4% | $4,083-52.1% | $4,375-55.3% |
| Admin fee / account holder | $99 | $1,031-90.4% | $6,065-98.4% | $834-88.1% |