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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,351 | $49,177+136.6% | $79,464+46.4% | $64,186+81.3% |
| Participation rate | 51.3% | 65.0%-13.7pp | 73.3%-22.1pp | 69.6%-18.3pp |
| Annual return | 2.22% | -1.16%+3.4pp | 718.14%-715.9pp | 7.63%-5.4pp |
| Employer contribution / active EE | $873 | $2,076-57.9% | $2,800-68.8% | $2,381-63.3% |
| Participant deferral / active EE | $2,753 | $2,821-2.4% | $3,704-25.7% | $3,470-20.7% |
| Admin fee / account holder | $11,412 | $3,839+197.3% | $5,113+123.2% | $4,888+133.5% |