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.)
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 | $10,005 | $61,774-83.8% | $97,226-89.7% | $80,856-87.6% |
| Participation rate | 55.9% | 63.5%-7.6pp | 72.7%-16.8pp | 67.6%-11.8pp |
| Annual return | 9.04% | -557.90%+566.9pp | 75.13%-66.1pp | 35.59%-26.6pp |
| Employer contribution / active EE | $847 | $1,837-53.9% | $2,729-69.0% | $2,755-69.3% |
| Participant deferral / active EE | $1,465 | $3,029-51.6% | $4,264-65.6% | $4,296-65.9% |
| Admin fee / account holder | $1,288 | $5,166-75.1% | $5,654-77.2% | $6,918-81.4% |