Filed January 4, 2018
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 12 320 PARK AVENUE · NEW YORK, NY 10022 | Claims processing; Participant loan p... | $8,005 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,347 | $46,292-40.9% | $143,757-81.0% | $64,808-57.8% |
| Participation rate | 58.1% | 64.2%-6.1pp | 80.3%-22.2pp | 71.5%-13.4pp |
| Annual return | -15.16% | -10.05%-5.1pp | -0.04%-15.1pp | 32.82%-48.0pp |
| Employer contribution / active EE | $607 | $1,910-68.2% | $4,951-87.7% | $2,506-75.8% |
| Participant deferral / active EE | $1,698 | $2,646-35.8% | $5,637-69.9% | $4,310-60.6% |
| Admin fee / account holder | $10 | $154-93.6% | $14,673-99.9% | $188-94.8% |