Filed September 24, 2021
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 7-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 |
|---|---|---|
ERBEN ASSOCIATES LLC2 years Service code 99 · EIN 90-1141327 | Other Fees | $0 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,231 | $59,417-47.4% | $93,606-66.6% | $74,495-58.1% |
| Participation rate | 50.5% | 59.7%-9.1pp | 68.7%-18.2pp | 67.2%-16.7pp |
| Annual return | 21.15% | 81.83%-60.7pp | 133.20%-112.0pp | 1364.94%-1343.8pp |
| Employer contribution / active EE | $1,115 | $1,264-11.7% | $2,420-53.9% | $2,623-57.5% |
| Participant deferral / active EE | $1,991 | $3,050-34.7% | $4,411-54.9% | $4,346-54.2% |
| Admin fee / account holder | $51 | $3,021-98.3% | $8,285-99.4% | $1,942-97.4% |