Filed June 19, 2020 (most recent of 3 filings on file)
Total covered: 515 employees
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC2 years Service code 15 · EIN 82-1061233 | Recordkeeping | $2,720 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,316 | $50,175-93.4% | $99,489-96.7% | $65,188-94.9% |
| Participation rate | 100.0% | 68.4%+31.6pp | 73.8%+26.2pp | 70.2%+29.8pp |
| Annual return | 21.91% | 25.36%-3.5pp | 30.72%-8.8pp | 29.38%-7.5pp |
| Employer contribution / active EE | $453 | $1,496-69.7% | $2,541-82.2% | $2,177-79.2% |
| Participant deferral / active EE | $482 | $2,748-82.5% | $3,619-86.7% | $3,514-86.3% |
| Admin fee / account holder | $14 | $398-96.4% | $6,254-99.8% | $847-98.3% |