Filed October 11, 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 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 INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $17,587 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 27 · EIN 13-2808480 | Advisory (Plan) | $12,594 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,771 | $93,571-41.5% | $135,903-59.7% | $75,163-27.1% |
| Participation rate | 79.2% | 75.2%+4.0pp | 81.9%-2.7pp | 67.2%+12.0pp |
| Annual return | 23.27% | 30.90%-7.6pp | 68.23%-45.0pp | 160.62%-137.3pp |
| Employer contribution / active EE | $3,113 | $3,537-12.0% | $4,856-35.9% | $2,670+16.6% |
| Participant deferral / active EE | $7,513 | $6,404+17.3% | $7,758-3.2% | $4,125+82.1% |
| Admin fee / account holder | $278 | $6,975-96.0% | $10,762-97.4% | $5,651-95.1% |