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 | $73,149 | $64,707+13.0% | $112,228-34.8% | $68,494+6.8% |
| Participation rate | 21.3% | 67.2%-45.8pp | 75.1%-53.7pp | 67.9%-46.5pp |
| Annual return | -17.95% | -11.40%-6.5pp | 27.45%-45.4pp | -7.84%-10.1pp |
| Employer contribution / active EE | $562 | $2,746-79.5% | $3,635-84.5% | $2,596-78.4% |
| Participant deferral / active EE | $1,892 | $3,565-46.9% | $4,728-60.0% | $4,027-53.0% |
| Admin fee / account holder | $1,530 | $5,232-70.7% | $6,410-76.1% | $5,403-71.7% |