Filed May 12, 2016 (most recent of 2 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 | $22,309 | $46,869-52.4% | $122,332-81.8% | $70,131-68.2% |
| Participation rate | 64.7% | 58.2%+6.5pp | 71.6%-6.9pp | 69.5%-4.8pp |
| Annual return | 15.28% | 24.22%-8.9pp | 30.27%-15.0pp | 73.14%-57.9pp |
| Employer contribution / active EE | $410 | $1,288-68.1% | $4,050-89.9% | $2,342-82.5% |
| Participant deferral / active EE | $1,773 | $2,166-18.2% | $3,287-46.1% | $3,332-46.8% |
| Admin fee / account holder | $1,347 | $3,322-59.5% | $5,478-75.4% | $4,645-71.0% |