Filed September 14, 2023
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 |
|---|---|---|
ASCENSUS LLC2+ years Filed as: ASCENSUS CONSULTING Service code 16 5750 CASTLE CREEK PARKWAY, STE 200 · INDIANAPOLIS, IN 46250 | Consulting | $4,478 |
AXA EQUITABLE LIFE INSURANCE CO2+ years Filed as: AXA ADVISORS, LLC Service code 33 600 E. CARMEL DRIVE, SUITE 150 · CARMEL, IN 46032 | Securities brokerage; Distribution (1... | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer 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.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,885 | $68,408-82.6% | $57,179-79.2% | $57,658-79.4% |
| Participation rate | 39.1% | 79.1%-40.0pp | 75.3%-36.2pp | 70.2%-31.1pp |
| Annual return | 8.10% | 8.51%-0.4pp | 14.59%-6.5pp | 5.13%+3.0pp |
| Employer contribution / active EE | $415 | $2,869-85.5% | $2,682-84.5% | $1,974-79.0% |
| Participant deferral / active EE | $815 | $2,903-71.9% | $3,096-73.7% | $3,061-73.4% |
| Admin fee / account holder | $32 | $70-53.5% | $3,139-99.0% | $95-65.7% |