Filed August 22, 2018 (most recent of 3 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 | $58,336 | $109,359-46.7% | $162,163-64.0% | $72,985-20.1% |
| Participation rate | 68.6% | 84.3%-15.6pp | 87.6%-18.9pp | 69.5%-0.9pp |
| Annual return | 25.59% | 25.46%+0.1pp | 115.59%-90.0pp | 81.00%-55.4pp |
| Employer contribution / active EE | $0 | $3,907-100.0% | $5,614-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $2,663 | $5,481-51.4% | $7,298-63.5% | $3,607-26.2% |
| Admin fee / account holder | $843 | $7,972-89.4% | $10,843-92.2% | $5,124-83.5% |