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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,961 | $60,323-50.3% | $81,812-63.4% | $74,495-59.8% |
| Participation rate | 27.0% | 62.9%-35.9pp | 72.3%-45.4pp | 67.2%-40.2pp |
| Annual return | 10.56% | 16.90%-6.3pp | 773.79%-763.2pp | 1364.94%-1354.4pp |
| Employer contribution / active EE | $487 | $2,620-81.4% | $2,912-83.3% | $2,623-81.4% |
| Participant deferral / active EE | $1,217 | $3,387-64.1% | $4,319-71.8% | $4,346-72.0% |
| Admin fee / account holder | $7,581 | $1,486+410.2% | $7,386+2.6% | $1,942+290.4% |