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 | $68,415 | $79,171-13.6% | $102,423-33.2% | $74,495-8.2% |
| Participation rate | 63.7% | 74.8%-11.1pp | 76.5%-12.8pp | 67.2%-3.5pp |
| Annual return | 12.83% | 54.93%-42.1pp | 29.32%-16.5pp | 1364.94%-1352.1pp |
| Employer contribution / active EE | $441 | $2,362-81.3% | $3,023-85.4% | $2,623-83.2% |
| Participant deferral / active EE | $5,324 | $4,415+20.6% | $5,053+5.4% | $4,346+22.5% |
| Admin fee / account holder | $4,940 | $2,001+146.9% | $9,451-47.7% | $1,942+154.4% |