Filed April 15, 2015 (most recent of 4 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,702 | $110,094-71.2% | $151,611-79.1% | $68,494-53.7% |
| Participation rate | 69.1% | 84.0%-14.8pp | 87.5%-18.3pp | 67.9%+1.3pp |
| Annual return | -14.99% | -10.12%-4.9pp | 3.33%-18.3pp | -7.84%-7.2pp |
| Employer contribution / active EE | $1,866 | $4,471-58.3% | $6,166-69.7% | $2,596-28.1% |
| Participant deferral / active EE | $1,992 | $6,527-69.5% | $8,363-76.2% | $4,027-50.5% |
| Admin fee / account holder | $4,870 | $7,719-36.9% | $11,616-58.1% | $5,403-9.9% |