Filed December 19, 2016 (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 | $65,463 | $86,286-24.1% | $111,297-41.2% | $85,850-23.7% |
| Participation rate | 66.0% | 73.3%-7.4pp | 77.3%-11.4pp | 69.3%-3.4pp |
| Annual return | 12.18% | 19.99%-7.8pp | 54.65%-42.5pp | 318.53%-306.4pp |
| Employer contribution / active EE | $463 | $2,043-77.4% | $2,731-83.1% | $2,565-82.0% |
| Participant deferral / active EE | $3,734 | $3,641+2.6% | $4,487-16.8% | $3,952-5.5% |
| Admin fee / account holder | $6,946 | $8,188-15.2% | $7,964-12.8% | $6,260+11.0% |