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: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $12,019 |
Service code 15 · EIN 62-1874769 | Recordkeeping | $9,332 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,975 | $86,655-72.3% | $119,609-80.0% | $66,914-64.2% |
| Participation rate | 50.4% | 75.6%-25.2pp | 79.3%-28.9pp | 69.8%-19.4pp |
| Annual return | -15.07% | -8.00%-7.1pp | -14.97%-0.1pp | 1.58%-16.7pp |
| Employer contribution / active EE | $0 | $2,536-100.0% | $4,232-100.0% | $2,544-100.0% |
| Participant deferral / active EE | $1,332 | $4,358-69.4% | $5,602-76.2% | $4,237-68.6% |
| Admin fee / account holder | $260 | $755-65.5% | $10,323-97.5% | $593-56.1% |