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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,608 | $50,958-28.2% | $74,550-50.9% | $64,186-43.0% |
| Participation rate | 49.4% | 61.1%-11.6pp | 69.1%-19.7pp | 69.6%-20.1pp |
| Annual return | -4.51% | -1.86%-2.7pp | 32.53%-37.0pp | 7.63%-12.1pp |
| Employer contribution / active EE | $612 | $1,115-45.1% | $1,961-68.8% | $2,381-74.3% |
| Participant deferral / active EE | $1,382 | $2,301-40.0% | $3,108-55.5% | $3,470-60.2% |
| Admin fee / account holder | $4,034 | $4,223-4.5% | $5,060-20.3% | $4,888-17.5% |