Filed April 9, 2020 (most recent of 4 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.
| Provider | Service type | Compensation |
|---|---|---|
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $2,553 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $11,796 | $46,292-74.5% | $143,757-91.8% | $64,808-81.8% |
| Participation rate | 68.2% | 64.2%+4.0pp | 80.3%-12.1pp | 71.5%-3.3pp |
| Annual return | -13.90% | -10.05%-3.9pp | -0.04%-13.9pp | 32.82%-46.7pp |
| Employer contribution / active EE | $550 | $1,910-71.2% | $4,951-88.9% | $2,506-78.1% |
| Participant deferral / active EE | $1,144 | $2,646-56.8% | $5,637-79.7% | $4,310-73.5% |
| Admin fee / account holder | $4 | $154-97.6% | $14,673-100.0% | $188-98.0% |