Filed September 16, 2015 (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 | $59,282 | $61,058-2.9% | $71,209-16.7% | $85,563-30.7% |
| Participation rate | 24.3% | 58.6%-34.3pp | 73.8%-49.4pp | 66.0%-41.7pp |
| Annual return | 16.34% | 100.41%-84.1pp | 282.51%-266.2pp | 31.51%-15.2pp |
| Employer contribution / active EE | $289 | $2,199-86.8% | $2,721-89.4% | $2,654-89.1% |
| Participant deferral / active EE | $1,126 | $3,173-64.5% | $4,175-73.0% | $4,375-74.3% |
| Admin fee / account holder | $1,741 | $855+103.7% | $5,349-67.4% | $834+108.7% |