Filed March 22, 2021
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 |
|---|---|---|
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $771 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,532 | $61,156-82.8% | $185,823-94.3% | $79,386-86.7% |
| Participation rate | 66.3% | 66.6%-0.3pp | 81.7%-15.4pp | 70.7%-4.4pp |
| Annual return | 12.09% | 19.45%-7.4pp | 122.05%-110.0pp | 116.85%-104.8pp |
| Employer contribution / active EE | $706 | $2,321-69.6% | $5,167-86.3% | $2,427-70.9% |
| Participant deferral / active EE | $1,011 | $2,789-63.7% | $5,568-81.8% | $4,046-75.0% |
| Admin fee / account holder | $5 | $710-99.3% | $16,237-100.0% | $626-99.2% |