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 | $95,552 | $60,124+58.9% | $90,404+5.7% | $79,858+19.7% |
| Participation rate | 57.1% | 65.0%-7.8pp | 72.7%-15.5pp | 69.6%-12.5pp |
| Annual return | 6.80% | 71.94%-65.1pp | 1293.02%-1286.2pp | 31.71%-24.9pp |
| Employer contribution / active EE | $1,262 | $2,068-39.0% | $3,262-61.3% | $2,471-48.9% |
| Participant deferral / active EE | $3,506 | $2,938+19.3% | $3,963-11.5% | $3,740-6.3% |
| Admin fee / account holder | $1,547 | $3,976-61.1% | $5,611-72.4% | $5,306-70.8% |