Filed January 4, 2018 (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 | $45,414 | $153,772-70.5% | $133,980-66.1% | $273,961-83.4% |
| Participation rate | 46.2% | 88.4%-42.2pp | 87.1%-40.9pp | 83.0%-36.9pp |
| Annual return | 7.91% | 36.51%-28.6pp | 29.30%-21.4pp | 41.45%-33.5pp |
| Employer contribution / active EE | $1,929 | $6,029-68.0% | $5,211-63.0% | $4,869-60.4% |
| Participant deferral / active EE | $2,837 | $6,958-59.2% | $6,282-54.8% | $5,287-46.3% |
| Admin fee / account holder | $944 | $11,765-92.0% | $9,324-89.9% | $10,132-90.7% |