Filed October 10, 2022 (most recent of 2 filings on file)
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 |
|---|---|---|
AMERITAS LIFE INSURANCE CORP9+ years Filed as: AMERITAS LIFE INSURANCE CORPORATION Service code 15 · EIN 47-0098400 | Recordkeeping | $67,877 |
THE AMERIFLEX GROUP1 year Service code 26 · EIN 84-2224681 | Advisory (Participants) | $37,560 |
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 | $164,634 | $130,194+26.5% | $169,993-3.2% | $71,457+130.4% |
| Participation rate | 98.8% | 86.1%+12.6pp | 87.0%+11.8pp | 67.9%+30.8pp |
| Annual return | 17.92% | 20.37%-2.4pp | 53.37%-35.5pp | 28.85%-10.9pp |
| Employer contribution / active EE | $5,477 | $4,381+25.0% | $6,785-19.3% | $2,588+111.7% |
| Participant deferral / active EE | $7,722 | $6,923+11.5% | $10,408-25.8% | $4,289+80.0% |
| Admin fee / account holder | $469 | $966-51.5% | $12,815-96.3% | $1,587-70.5% |