Filed May 11, 2016 (most recent of 3 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.
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 | $71,919 | $87,841-18.1% | $133,980-46.3% | $62,891+14.4% |
| Participation rate | 57.1% | 83.4%-26.2pp | 87.1%-29.9pp | 69.3%-12.2pp |
| Annual return | 5.20% | 12.05%-6.9pp | 29.30%-24.1pp | 20.14%-14.9pp |
| Employer contribution / active EE | $1,343 | $3,483-61.4% | $5,211-74.2% | $2,281-41.1% |
| Participant deferral / active EE | $2,560 | $4,812-46.8% | $6,282-59.2% | $3,203-20.1% |
| Admin fee / account holder | $19,717 | $5,371+267.1% | $9,324+111.5% | $4,296+359.0% |