Filed February 10, 2022
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 7-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 |
|---|---|---|
QBI, LLC3+ years Service code 15 · EIN 26-2768667 | Recordkeeping | $33,377 |
RIVERA C1 year Filed as: RIVERA JAMIJIAN & ASSOCIATES LLP Service code 10 · EIN 20-3729687 | Accounting | $4,514 |
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $2,924 |
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.
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 | $8,615 | $64,286-86.6% | $90,951-90.5% | $73,409-88.3% |
| Participation rate | 40.1% | 63.6%-23.5pp | 69.0%-28.9pp | 72.2%-32.1pp |
| Annual return | 32.97% | 21.45%+11.5pp | 134.60%-101.6pp | 59.29%-26.3pp |
| Employer contribution / active EE | $285 | $895-68.2% | $2,122-86.6% | $2,234-87.3% |
| Participant deferral / active EE | $818 | $2,453-66.7% | $3,373-75.8% | $3,805-78.5% |
| Admin fee / account holder | $36 | $287-87.5% | $5,959-99.4% | $158-77.3% |