Filed September 16, 2015 (most recent of 3 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $51,878+14.3% | $68,368-13.3% | $79,634-25.6% |
| Participation rate | 24.3% | 53.7%-29.4pp | 73.8%-49.4pp | 62.5%-38.2pp |
| Annual return | 16.34% | 137.43%-121.1pp | 292.57%-276.2pp | 36.46%-20.1pp |
| Employer contribution / active EE | $289 | $1,931-85.0% | $2,649-89.1% | $2,529-88.6% |
| Participant deferral / active EE | $1,126 | $2,577-56.3% | $4,123-72.7% | $3,835-70.6% |
| Admin fee / account holder | $1,741 | $942+84.8% | $5,150-66.2% | $1,002+73.8% |