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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,314 | $137,414-68.5% | $189,513-77.1% | $85,850-49.5% |
| Participation rate | 50.0% | 84.6%-34.6pp | 87.8%-37.8pp | 69.3%-19.3pp |
| Annual return | 6.73% | 38.14%-31.4pp | 555.15%-548.4pp | 318.53%-311.8pp |
| Employer contribution / active EE | $1,668 | $4,344-61.6% | $6,162-72.9% | $2,565-35.0% |
| Participant deferral / active EE | $767 | $6,260-87.7% | $8,221-90.7% | $3,952-80.6% |
| Admin fee / account holder | $9,382 | $8,630+8.7% | $12,045-22.1% | $6,260+49.9% |