Filed August 27, 2018
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 |
|---|---|---|
MILLIMAN, INC.7 years Service code 15 · EIN 91-0675641 | Recordkeeping | $31,883 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,591 | $62,327-58.9% | $120,354-78.7% | $74,495-65.6% |
| Participation rate | 69.3% | 56.8%+12.5pp | 71.9%-2.6pp | 67.2%+2.1pp |
| Annual return | 10.58% | 18.61%-8.0pp | 107.15%-96.6pp | 1364.94%-1354.4pp |
| Employer contribution / active EE | $1,328 | $1,843-28.0% | $3,463-61.7% | $2,623-49.4% |
| Participant deferral / active EE | $2,567 | $2,893-11.3% | $4,991-48.6% | $4,346-40.9% |
| Admin fee / account holder | $146 | $2,396-93.9% | $9,423-98.4% | $1,942-92.5% |