Filed February 14, 2017
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 | $31,590 | $65,409-51.7% | $98,442-67.9% | $85,850-63.2% |
| Participation rate | 39.8% | 65.0%-25.2pp | 73.3%-33.5pp | 69.3%-29.5pp |
| Annual return | 15.63% | 21.76%-6.1pp | 1492.73%-1477.1pp | 318.53%-302.9pp |
| Employer contribution / active EE | $378 | $2,168-82.5% | $2,960-87.2% | $2,565-85.2% |
| Participant deferral / active EE | $1,202 | $3,166-62.0% | $4,276-71.9% | $3,952-69.6% |
| Admin fee / account holder | $1,450 | $4,593-68.4% | $5,949-75.6% | $6,260-76.8% |