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 | $88,737 | $87,870+1.0% | $113,168-21.6% | $74,304+19.4% |
| Participation rate | 42.5% | 70.7%-28.3pp | 76.6%-34.1pp | 60.3%-17.9pp |
| Annual return | 20.99% | 26.44%-5.4pp | 24.27%-3.3pp | 29.43%-8.4pp |
| Employer contribution / active EE | $346 | $2,277-84.8% | $2,975-88.4% | $2,241-84.6% |
| Participant deferral / active EE | $3,775 | $4,241-11.0% | $5,107-26.1% | $3,767+0.2% |
| Admin fee / account holder | $2,624 | $3,368-22.1% | $12,068-78.3% | $2,969-11.6% |