Filed October 28, 2016
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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $267,277 | $74,706+257.8% | $75,696+253.1% | $79,386+236.7% |
| Participation rate | 27.6% | 75.3%-47.8pp | 74.8%-47.2pp | 70.7%-43.1pp |
| Annual return | 12.77% | 18.52%-5.8pp | 104.53%-91.8pp | 116.85%-104.1pp |
| Employer contribution / active EE | $865 | $2,590-66.6% | $2,743-68.5% | $2,427-64.4% |
| Participant deferral / active EE | $865 | $3,533-75.5% | $3,821-77.4% | $4,046-78.6% |
| Admin fee / account holder | $0 | $374-100.0% | $3,619-100.0% | $626-100.0% |