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.
Employer 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,326 | $137,414-43.0% | $189,513-58.7% | $85,850-8.8% |
| Participation rate | 67.9% | 84.6%-16.7pp | 87.8%-19.9pp | 69.3%-1.4pp |
| Annual return | 17.92% | 38.14%-20.2pp | 555.15%-537.2pp | 318.53%-300.6pp |
| Employer contribution / active EE | $0 | $4,344-100.0% | $6,162-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $3,349 | $6,260-46.5% | $8,221-59.3% | $3,952-15.2% |
| Admin fee / account holder | $423 | $8,630-95.1% | $12,045-96.5% | $6,260-93.3% |