Filed April 5, 2017 (most recent of 2 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.
Employer 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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,129 | $46,869+0.6% | $122,332-61.5% | $70,131-32.8% |
| Participation rate | 51.1% | 58.2%-7.1pp | 71.6%-20.6pp | 69.5%-18.5pp |
| Annual return | 24.62% | 24.22%+0.4pp | 30.27%-5.7pp | 73.14%-48.5pp |
| Employer contribution / active EE | $0 | $1,288-100.0% | $4,050-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $1,126 | $2,166-48.0% | $3,287-65.7% | $3,332-66.2% |
| Admin fee / account holder | $1,451 | $3,322-56.3% | $5,478-73.5% | $4,645-68.8% |