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 | Account maintenance fees; Claims proc... | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,556 | $65,061-89.9% | $143,757-95.4% | $66,914-90.2% |
| Participation rate | 72.9% | 65.2%+7.8pp | 80.3%-7.4pp | 69.8%+3.1pp |
| Annual return | -11.82% | -11.14%-0.7pp | -0.04%-11.8pp | 1.58%-13.4pp |
| Employer contribution / active EE | $915 | $2,361-61.2% | $4,951-81.5% | $2,544-64.0% |
| Participant deferral / active EE | $1,289 | $2,919-55.8% | $5,637-77.1% | $4,237-69.6% |
| Admin fee / account holder | $4 | $502-99.3% | $14,673-100.0% | $593-99.4% |