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 | $38,229 | $54,705-30.1% | $71,209-46.3% | $84,808-54.9% |
| Participation rate | 34.6% | 64.1%-29.5pp | 73.8%-39.2pp | 68.3%-33.7pp |
| Annual return | 15.44% | 35.90%-20.5pp | 282.51%-267.1pp | 40.90%-25.5pp |
| Employer contribution / active EE | $594 | $2,158-72.5% | $2,721-78.2% | $2,631-77.4% |
| Participant deferral / active EE | $1,850 | $3,030-39.0% | $4,175-55.7% | $4,212-56.1% |
| Admin fee / account holder | $10,324 | $4,863+112.3% | $5,349+93.0% | $7,344+40.6% |