Filed July 13, 2017 (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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,281 | $48,076+87.8% | $78,689+14.7% | $62,891+43.6% |
| Participation rate | 59.5% | 65.2%-5.7pp | 73.6%-14.1pp | 69.3%-9.8pp |
| Annual return | 2.44% | 31.35%-28.9pp | 62.18%-59.7pp | 20.14%-17.7pp |
| Employer contribution / active EE | $1,119 | $2,015-44.4% | $2,851-60.7% | $2,281-50.9% |
| Participant deferral / active EE | $3,115 | $2,588+20.4% | $3,517-11.4% | $3,203-2.7% |
| Admin fee / account holder | $855 | $3,207-73.3% | $4,510-81.0% | $4,296-80.1% |