Filed April 27, 2017
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $121,480 | $59,263+105.0% | $96,562+25.8% | $79,386+53.0% |
| Participation rate | 38.3% | 61.9%-23.6pp | 69.8%-31.5pp | 70.7%-32.4pp |
| Annual return | 13.57% | 27.07%-13.5pp | 37.78%-24.2pp | 116.85%-103.3pp |
| Employer contribution / active EE | $0 | $1,216-100.0% | $2,356-100.0% | $2,427-100.0% |
| Participant deferral / active EE | $2,292 | $2,948-22.3% | $3,849-40.5% | $4,046-43.4% |
| Admin fee / account holder | $6 | $658-99.1% | $6,181-99.9% | $626-99.0% |