Filed April 9, 2018 (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 8-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.
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 | $24,108 | $54,541-55.8% | $78,778-69.4% | $70,131-65.6% |
| Participation rate | 59.0% | 60.8%-1.8pp | 69.2%-10.2pp | 69.5%-10.5pp |
| Annual return | 15.52% | 21.07%-5.6pp | 35.62%-20.1pp | 73.14%-57.6pp |
| Employer contribution / active EE | $0 | $1,089-100.0% | $1,986-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $2,381 | $2,210+7.7% | $2,958-19.5% | $3,332-28.5% |
| Admin fee / account holder | $1,087 | $3,709-70.7% | $5,134-78.8% | $4,645-76.6% |