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; Recordkeeping and ... | $2,326 |
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 | $31,623 | $47,126-32.9% | $149,673-78.9% | $74,419-57.5% |
| Participation rate | 50.5% | 63.4%-12.8pp | 78.8%-28.2pp | 70.7%-20.2pp |
| Annual return | 16.49% | 22.75%-6.3pp | 134.42%-117.9pp | 34.38%-17.9pp |
| Employer contribution / active EE | $594 | $1,905-68.8% | $4,818-87.7% | $2,637-77.5% |
| Participant deferral / active EE | $1,749 | $2,728-35.9% | $5,680-69.2% | $4,528-61.4% |
| Admin fee / account holder | $5 | $343-98.6% | $13,210-100.0% | $348-98.6% |