Filed November 6, 2017 (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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,635 | $72,277+11.6% | $101,248-20.4% | $79,858+1.0% |
| Participation rate | 22.4% | 68.5%-46.1pp | 75.8%-53.5pp | 69.6%-47.3pp |
| Annual return | 15.14% | 22.30%-7.2pp | 46.47%-31.3pp | 31.71%-16.6pp |
| Employer contribution / active EE | $571 | $2,692-78.8% | $3,660-84.4% | $2,471-76.9% |
| Participant deferral / active EE | $1,867 | $3,282-43.1% | $4,370-57.3% | $3,740-50.1% |
| Admin fee / account holder | $1,362 | $4,400-69.0% | $5,945-77.1% | $5,306-74.3% |