Filed July 6, 2017 (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.
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 | $45,062 | $76,401-41.0% | $106,387-57.6% | $64,186-29.8% |
| Participation rate | 49.1% | 73.5%-24.5pp | 77.5%-28.4pp | 69.6%-20.5pp |
| Annual return | 1.94% | -2.19%+4.1pp | 0.25%+1.7pp | 7.63%-5.7pp |
| Employer contribution / active EE | $1,152 | $2,680-57.0% | $3,520-67.3% | $2,381-51.6% |
| Participant deferral / active EE | $3,549 | $4,274-17.0% | $5,421-34.5% | $3,470+2.3% |
| Admin fee / account holder | $4,709 | $4,610+2.1% | $7,510-37.3% | $4,888-3.7% |