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 | $32,117 | $46,674-31.2% | $117,472-72.7% | $68,494-53.1% |
| Participation rate | 41.0% | 56.8%-15.8pp | 70.6%-29.6pp | 67.9%-26.9pp |
| Annual return | -18.57% | -14.52%-4.1pp | 29.74%-48.3pp | -7.84%-10.7pp |
| Employer contribution / active EE | $345 | $1,505-77.1% | $4,176-91.7% | $2,596-86.7% |
| Participant deferral / active EE | $1,525 | $2,636-42.2% | $4,070-62.5% | $4,027-62.1% |
| Admin fee / account holder | $543 | $4,020-86.5% | $5,645-90.4% | $5,403-89.9% |