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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,794 | $125,758-71.5% | $169,993-78.9% | $75,163-52.4% |
| Participation rate | 63.3% | 83.6%-20.3pp | 87.0%-23.7pp | 67.2%-3.9pp |
| Annual return | 13.63% | 27.20%-13.6pp | 53.37%-39.7pp | 160.62%-147.0pp |
| Employer contribution / active EE | $1,670 | $4,615-63.8% | $6,785-75.4% | $2,670-37.4% |
| Participant deferral / active EE | $1,304 | $6,837-80.9% | $10,408-87.5% | $4,125-68.4% |
| Admin fee / account holder | $9,158 | $8,173+12.0% | $12,815-28.5% | $5,651+62.1% |