Filed January 4, 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 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.
Participant 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 | $68,862 | $138,385-50.2% | $184,200-62.6% | $80,874-14.9% |
| Participation rate | 66.7% | 83.9%-17.2pp | 86.8%-20.2pp | 67.6%-1.0pp |
| Annual return | 11.47% | 20.02%-8.6pp | 28.80%-17.3pp | 35.62%-24.2pp |
| Employer contribution / active EE | $2,122 | $4,849-56.2% | $6,424-67.0% | $2,756-23.0% |
| Participant deferral / active EE | $2,866 | $7,073-59.5% | $9,132-68.6% | $4,297-33.3% |
| Admin fee / account holder | $2,217 | $10,483-78.9% | $13,907-84.1% | $6,935-68.0% |