Filed August 24, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,005 | $49,177+5.8% | $79,464-34.6% | $64,186-19.0% |
| Participation rate | 46.4% | 65.0%-18.6pp | 73.3%-26.9pp | 69.6%-23.1pp |
| Annual return | -6.53% | -1.16%-5.4pp | 718.14%-724.7pp | 7.63%-14.2pp |
| Employer contribution / active EE | $1,225 | $2,076-41.0% | $2,800-56.3% | $2,381-48.6% |
| Participant deferral / active EE | $2,037 | $2,821-27.8% | $3,704-45.0% | $3,470-41.3% |
| Admin fee / account holder | $1,264 | $3,839-67.1% | $5,113-75.3% | $4,888-74.1% |