Filed September 22, 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.
Employer 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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,336 | $59,101-26.7% | $77,163-43.8% | $75,163-42.3% |
| Participation rate | 69.2% | 63.9%+5.4pp | 69.6%-0.3pp | 67.2%+2.0pp |
| Annual return | 10.23% | 26.71%-16.5pp | 37.87%-27.6pp | 160.62%-150.4pp |
| Employer contribution / active EE | $377 | $1,995-81.1% | $2,535-85.1% | $2,670-85.9% |
| Participant deferral / active EE | $1,321 | $2,999-56.0% | $3,833-65.5% | $4,125-68.0% |
| Admin fee / account holder | $3,204 | $4,774-32.9% | $5,472-41.4% | $5,651-43.3% |