Filed December 15, 2014 (most recent of 3 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.
Participant 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 | $205,057 | $197,591+3.8% | $177,821+15.3% | $158,922+29.0% |
| Participation rate | 33.3% | 88.5%-55.2pp | 87.7%-54.4pp | 82.0%-48.6pp |
| Annual return | 15.68% | 58.76%-43.1pp | 48.32%-32.6pp | 302.83%-287.1pp |
| Employer contribution / active EE | $1,927 | $6,697-71.2% | $5,918-67.4% | $4,761-59.5% |
| Participant deferral / active EE | $1,537 | $8,405-81.7% | $7,714-80.1% | $5,982-74.3% |
| Admin fee / account holder | $679 | $15,399-95.6% | $12,427-94.5% | $11,246-94.0% |