Filed June 1, 2015 (most recent of 2 filings on file)
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $135,758 | $217,402-37.6% | $185,823-26.9% | $167,490-18.9% |
| Participation rate | 66.7% | 86.0%-19.4pp | 81.7%-15.0pp | 82.1%-15.4pp |
| Annual return | 19.67% | 148.36%-128.7pp | 122.05%-102.4pp | 478.56%-458.9pp |
| Employer contribution / active EE | $171 | $5,873-97.1% | $5,167-96.7% | $4,837-96.5% |
| Participant deferral / active EE | $19,240 | $6,356+202.7% | $5,568+245.5% | $6,341+203.4% |
| Admin fee / account holder | $1,989 | $19,811-90.0% | $16,237-87.8% | $12,309-83.8% |