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 | $29,001 | $48,570-40.3% | $130,648-77.8% | $72,985-60.3% |
| Participation rate | 44.2% | 58.6%-14.4pp | 71.7%-27.6pp | 69.5%-25.3pp |
| Annual return | 19.83% | 38.63%-18.8pp | 1708.96%-1689.1pp | 81.00%-61.2pp |
| Employer contribution / active EE | $349 | $1,334-73.9% | $4,092-91.5% | $2,440-85.7% |
| Participant deferral / active EE | $1,494 | $2,384-37.3% | $3,603-58.5% | $3,607-58.6% |
| Admin fee / account holder | $3,013 | $3,549-15.1% | $5,464-44.9% | $5,124-41.2% |