Filed February 13, 2019
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.
| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 35-2552359 | Advisory (Plan) | $21,932 |
Service code 37 · EIN 04-2647786 | Loan Processing | $11,319 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,399 | $91,517-81.0% | $101,248-82.8% | $73,409-76.3% |
| Participation rate | 69.8% | 73.8%-4.0pp | 75.8%-6.1pp | 72.2%-2.4pp |
| Annual return | 10.58% | 17.17%-6.6pp | 46.47%-35.9pp | 59.29%-48.7pp |
| Employer contribution / active EE | $316 | $2,877-89.0% | $3,660-91.4% | $2,234-85.9% |
| Participant deferral / active EE | $1,843 | $3,338-44.8% | $4,370-57.8% | $3,805-51.6% |
| Admin fee / account holder | $92 | $216-57.4% | $5,945-98.5% | $158-41.8% |