Filed October 28, 2024
Total covered: 12 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: VOYA RETIREMENT INS & ANNUITY CO Service code 49 | Other Services | $42,577 |
Service code 49 · EIN 13-3180178 P.O. BOX 54 · FRANKLIN SQUARE, NY 110100054 | Other Services | $0 |
Filed as: RAYMOND JAMES FINANCIAL SERVICE Service code 99 · EIN 59-2937883 | Other Fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $102,881 | $130,194-21.0% | $169,993-39.5% | $71,457+44.0% |
| Participation rate | 94.7% | 86.1%+8.6pp | 87.0%+7.7pp | 67.9%+26.8pp |
| Annual return | 17.62% | 20.37%-2.7pp | 53.37%-35.8pp | 28.85%-11.2pp |
| Employer contribution / active EE | $3,930 | $4,381-10.3% | $6,785-42.1% | $2,588+51.9% |
| Participant deferral / active EE | $6,541 | $6,923-5.5% | $10,408-37.2% | $4,289+52.5% |
| Admin fee / account holder | $456 | $966-52.8% | $12,815-96.4% | $1,587-71.3% |