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 | $84,642 | $101,883-16.9% | $453,369-81.3% | $85,850-1.4% |
| Participation rate | 57.7% | 72.3%-14.6pp | 78.0%-20.3pp | 69.3%-11.6pp |
| Annual return | 13.61% | 25.38%-11.8pp | 64.40%-50.8pp | 318.53%-304.9pp |
| Employer contribution / active EE | $1,770 | $2,847-37.9% | $4,070-56.5% | $2,565-31.0% |
| Participant deferral / active EE | $5,823 | $4,782+21.8% | $6,209-6.2% | $3,952+47.4% |
| Admin fee / account holder | $7,903 | $5,706+38.5% | $11,209-29.5% | $6,260+26.2% |