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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,928 | $58,512-54.0% | $84,015-67.9% | $72,985-63.1% |
| Participation rate | 50.7% | 61.2%-10.5pp | 69.0%-18.3pp | 69.5%-18.8pp |
| Annual return | 15.76% | 28.93%-13.2pp | 71.31%-55.5pp | 81.00%-65.2pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $1,983-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $2,190 | $2,394-8.5% | $3,239-32.4% | $3,607-39.3% |
| Admin fee / account holder | $5,668 | $4,569+24.0% | $6,101-7.1% | $5,124+10.6% |