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 | $31,166 | $53,777-42.0% | $134,143-76.8% | $79,858-61.0% |
| Participation rate | 43.6% | 58.8%-15.2pp | 72.2%-28.6pp | 69.6%-26.0pp |
| Annual return | 13.63% | 19.01%-5.4pp | 36.33%-22.7pp | 31.71%-18.1pp |
| Employer contribution / active EE | $325 | $1,321-75.4% | $3,704-91.2% | $2,471-86.9% |
| Participant deferral / active EE | $1,430 | $2,420-40.9% | $3,499-59.1% | $3,740-61.8% |
| Admin fee / account holder | $1,200 | $3,984-69.9% | $6,684-82.0% | $5,306-77.4% |