Filed February 25, 2016 (most recent of 3 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.
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 | $139,578 | $49,915+179.6% | $154,803-9.8% | $74,304+87.8% |
| Participation rate | 38.1% | 54.0%-15.8pp | 78.1%-39.9pp | 60.3%-22.2pp |
| Annual return | 14.32% | 34.06%-19.7pp | 58.88%-44.6pp | 29.43%-15.1pp |
| Employer contribution / active EE | $753 | $1,611-53.3% | $4,305-82.5% | $2,241-66.4% |
| Participant deferral / active EE | $2,063 | $2,255-8.5% | $5,540-62.8% | $3,767-45.2% |
| Admin fee / account holder | $10,549 | $2,189+381.9% | $14,329-26.4% | $2,969+255.3% |