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 | $189,540 | $86,286+119.7% | $111,297+70.3% | $85,850+120.8% |
| Participation rate | 65.9% | 73.3%-7.5pp | 77.3%-11.5pp | 69.3%-3.5pp |
| Annual return | 21.20% | 19.99%+1.2pp | 54.65%-33.5pp | 318.53%-297.3pp |
| Employer contribution / active EE | $632 | $2,043-69.1% | $2,731-76.9% | $2,565-75.4% |
| Participant deferral / active EE | $5,363 | $3,641+47.3% | $4,487+19.5% | $3,952+35.7% |
| Admin fee / account holder | $2,310 | $8,188-71.8% | $7,964-71.0% | $6,260-63.1% |