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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,476 | $65,435-19.8% | $86,677-39.5% | $66,914-21.6% |
| Participation rate | 59.5% | 75.5%-16.0pp | 76.6%-17.1pp | 69.8%-10.3pp |
| Annual return | -17.48% | -10.89%-6.6pp | 35.91%-53.4pp | 1.58%-19.1pp |
| Employer contribution / active EE | $424 | $2,153-80.3% | $2,836-85.0% | $2,544-83.3% |
| Participant deferral / active EE | $3,579 | $4,100-12.7% | $4,656-23.1% | $4,237-15.5% |
| Admin fee / account holder | $2,149 | $642+235.0% | $7,493-71.3% | $593+262.2% |