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 | $143,083 | $78,422+82.5% | $95,952+49.1% | $79,858+79.2% |
| Participation rate | 55.1% | 73.5%-18.4pp | 77.1%-22.0pp | 69.6%-14.5pp |
| Annual return | 18.19% | 19.37%-1.2pp | 91.61%-73.4pp | 31.71%-13.5pp |
| Employer contribution / active EE | $486 | $1,945-75.0% | $2,541-80.9% | $2,471-80.3% |
| Participant deferral / active EE | $4,138 | $3,440+20.3% | $4,167-0.7% | $3,740+10.6% |
| Admin fee / account holder | $1,446 | $5,622-74.3% | $6,795-78.7% | $5,306-72.7% |