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 | $41,702 | $122,239-65.9% | $184,203-77.4% | $74,495-44.0% |
| Participation rate | 64.1% | 85.5%-21.4pp | 86.8%-22.7pp | 67.2%-3.1pp |
| Annual return | 13.75% | 19.95%-6.2pp | 28.81%-15.1pp | 1364.94%-1351.2pp |
| Employer contribution / active EE | $1,972 | $4,537-56.5% | $6,427-69.3% | $2,623-24.8% |
| Participant deferral / active EE | $2,002 | $7,139-71.9% | $9,131-78.1% | $4,346-53.9% |
| Admin fee / account holder | $2,433 | $1,260+93.1% | $13,901-82.5% | $1,942+25.3% |