Filed March 14, 2016 (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 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 | $36,172 | $51,466-29.7% | $78,778-54.1% | $62,292-41.9% |
| Participation rate | 39.4% | 59.8%-20.4pp | 69.2%-29.8pp | 69.5%-30.1pp |
| Annual return | 9.97% | 19.96%-10.0pp | 35.62%-25.7pp | 28.90%-18.9pp |
| Employer contribution / active EE | $458 | $827-44.6% | $1,986-76.9% | $2,042-77.6% |
| Participant deferral / active EE | $1,211 | $2,147-43.6% | $2,958-59.1% | $3,169-61.8% |
| Admin fee / account holder | $8,556 | $489+1648.5% | $5,134+66.7% | $479+1684.9% |