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 | $97,785 | $54,762+78.6% | $90,281+8.3% | $72,985+34.0% |
| Participation rate | 50.0% | 65.1%-15.1pp | 73.3%-23.3pp | 69.5%-19.5pp |
| Annual return | 10.56% | 30.63%-20.1pp | 78.10%-67.5pp | 81.00%-70.4pp |
| Employer contribution / active EE | $1,032 | $2,092-50.7% | $2,854-63.8% | $2,440-57.7% |
| Participant deferral / active EE | $2,880 | $2,887-0.3% | $3,885-25.9% | $3,607-20.2% |
| Admin fee / account holder | $26,789 | $3,972+574.5% | $5,351+400.6% | $5,124+422.8% |