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 CORP11+ years Filed as: AMERITAS LIFE INSURANCE CORPORATION Service code 15 · EIN 47-0098400 | Recordkeeping | $65,337 |
THE AMERIFLEX GROUP3 years Service code 26 · EIN 84-2224681 | Advisory (Participants) | $43,461 |
Filed as: SWBC INVESTMENT ADVISORY SERVICES L Service code 27 · EIN 75-1553739 | Advisory (Plan) | $2,862 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $221,463 | $132,049+67.7% | $200,582+10.4% | $74,304+198.0% |
| Participation rate | 100.0% | 84.1%+15.9pp | 86.9%+13.1pp | 60.3%+39.7pp |
| Annual return | 14.07% | 22.22%-8.1pp | 42.33%-28.3pp | 29.43%-15.4pp |
| Employer contribution / active EE | $4,378 | $4,558-3.9% | $6,419-31.8% | $2,241+95.3% |
| Participant deferral / active EE | $8,799 | $7,213+22.0% | $9,331-5.7% | $3,767+133.6% |
| Admin fee / account holder | $600 | $2,405-75.0% | $16,305-96.3% | $2,969-79.8% |