Filed June 19, 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 9-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.)
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 | $4,995 | $53,162-90.6% | $91,220-94.5% | $68,494-92.7% |
| Participation rate | 58.6% | 63.2%-4.6pp | 73.2%-14.6pp | 67.9%-9.3pp |
| Annual return | 1462.74% | -3.14%+1465.9pp | 114.01%+1348.7pp | -7.84%+1470.6pp |
| Employer contribution / active EE | $593 | $1,709-65.3% | $2,850-79.2% | $2,596-77.2% |
| Participant deferral / active EE | $1,141 | $2,974-61.6% | $4,234-73.1% | $4,027-71.7% |
| Admin fee / account holder | $565 | $4,493-87.4% | $5,420-89.6% | $5,403-89.5% |