Filed November 16, 2018
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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,469 | $47,126-54.4% | $149,673-85.7% | $74,419-71.2% |
| Participation rate | 34.6% | 63.4%-28.8pp | 78.8%-44.2pp | 70.7%-36.1pp |
| Annual return | 13.59% | 22.75%-9.2pp | 134.42%-120.8pp | 34.38%-20.8pp |
| Employer contribution / active EE | $518 | $1,905-72.8% | $4,818-89.3% | $2,637-80.4% |
| Participant deferral / active EE | $863 | $2,728-68.4% | $5,680-84.8% | $4,528-81.0% |
| Admin fee / account holder | $2,597 | $343+657.8% | $13,210-80.3% | $348+646.6% |