Filed October 5, 2016
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.
| Provider | Service type | Compensation |
|---|---|---|
Service code 55 · EIN 59-2937883 | Other Commissions | $17,288 |
Service code 37 · EIN 04-2647786 | Loan Processing | $2,094 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $88,243 | $130,194-32.2% | $169,993-48.1% | $71,457+23.5% |
| Participation rate | 68.2% | 86.1%-18.0pp | 87.0%-18.8pp | 67.9%+0.2pp |
| Annual return | 17.01% | 20.37%-3.4pp | 53.37%-36.4pp | 28.85%-11.8pp |
| Employer contribution / active EE | $2,471 | $4,381-43.6% | $6,785-63.6% | $2,588-4.5% |
| Participant deferral / active EE | $3,311 | $6,923-52.2% | $10,408-68.2% | $4,289-22.8% |
| Admin fee / account holder | $82 | $966-91.5% | $12,815-99.4% | $1,587-94.8% |