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... | $2,516 |
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 | $13,782 | $47,126-70.8% | $149,673-90.8% | $74,419-81.5% |
| Participation rate | 68.1% | 63.4%+4.7pp | 78.8%-10.7pp | 70.7%-2.7pp |
| Annual return | 15.12% | 22.75%-7.6pp | 134.42%-119.3pp | 34.38%-19.3pp |
| Employer contribution / active EE | $490 | $1,905-74.3% | $4,818-89.8% | $2,637-81.4% |
| Participant deferral / active EE | $1,111 | $2,728-59.3% | $5,680-80.4% | $4,528-75.5% |
| Admin fee / account holder | $4 | $343-99.0% | $13,210-100.0% | $348-99.0% |