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 | $57,108 | $76,050-24.9% | $96,544-40.8% | $71,457-20.1% |
| Participation rate | 63.1% | 74.4%-11.3pp | 76.0%-12.9pp | 67.9%-4.9pp |
| Annual return | 15.74% | 22.81%-7.1pp | 25.84%-10.1pp | 28.85%-13.1pp |
| Employer contribution / active EE | $507 | $2,244-77.4% | $2,965-82.9% | $2,588-80.4% |
| Participant deferral / active EE | $4,385 | $4,215+4.0% | $4,851-9.6% | $4,289+2.2% |
| Admin fee / account holder | $1,462 | $2,707-46.0% | $8,252-82.3% | $1,587-7.9% |