Filed June 29, 2015
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 | $126,926 | $72,492+75.1% | $87,100+45.7% | $72,985+73.9% |
| Participation rate | 57.4% | 72.8%-15.4pp | 76.9%-19.4pp | 69.5%-12.0pp |
| Annual return | 24.48% | 24.46%0pp | 28.19%-3.7pp | 81.00%-56.5pp |
| Employer contribution / active EE | $529 | $1,894-72.0% | $2,521-79.0% | $2,440-78.3% |
| Participant deferral / active EE | $4,461 | $3,270+36.4% | $4,049+10.2% | $3,607+23.7% |
| Admin fee / account holder | $11,686 | $5,055+131.2% | $7,497+55.9% | $5,124+128.1% |