Filed November 9, 2016 (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 6-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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $11,325 | $86,929-87.0% | $102,423-88.9% | $80,856-86.0% |
| Participation rate | 100.0% | 72.4%+27.6pp | 76.5%+23.5pp | 67.6%+32.4pp |
| Annual return | 8.40% | 18.88%-10.5pp | 29.32%-20.9pp | 35.59%-27.2pp |
| Employer contribution / active EE | $1,527 | $2,369-35.5% | $3,023-49.5% | $2,755-44.6% |
| Participant deferral / active EE | $1,730 | $4,118-58.0% | $5,053-65.8% | $4,296-59.7% |
| Admin fee / account holder | $1,356 | $8,049-83.2% | $9,451-85.7% | $6,918-80.4% |