Filed November 3, 2015
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.
| Provider | Service type | Compensation |
|---|---|---|
Service code 15 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping | $21,496 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,733 | $47,722-75.4% | $82,719-85.8% | $64,808-81.9% |
| Participation rate | 46.6% | 67.6%-21.1pp | 72.6%-26.0pp | 71.5%-24.9pp |
| Annual return | -13.84% | -13.05%-0.8pp | 701.18%-715.0pp | 32.82%-46.7pp |
| Employer contribution / active EE | $53 | $2,179-97.6% | $3,009-98.2% | $2,506-97.9% |
| Participant deferral / active EE | $1,347 | $3,329-59.5% | $4,395-69.4% | $4,310-68.8% |
| Admin fee / account holder | $96 | $143-32.8% | $5,329-98.2% | $188-48.9% |