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 | $21,067 | $43,723-51.8% | $121,196-82.6% | $64,186-67.2% |
| Participation rate | 54.3% | 58.3%-4.0pp | 71.7%-17.5pp | 69.6%-15.3pp |
| Annual return | -5.68% | 68.91%-74.6pp | 16.93%-22.6pp | 7.63%-13.3pp |
| Employer contribution / active EE | $385 | $1,296-70.3% | $4,022-90.4% | $2,381-83.8% |
| Participant deferral / active EE | $1,669 | $2,280-26.8% | $3,344-50.1% | $3,470-51.9% |
| Admin fee / account holder | $2,472 | $3,501-29.4% | $5,019-50.8% | $4,888-49.4% |