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 | $133,505 | $71,883+85.7% | $86,677+54.0% | $68,494+94.9% |
| Participation rate | 69.8% | 72.2%-2.5pp | 76.6%-6.8pp | 67.9%+1.9pp |
| Annual return | -16.75% | 3.52%-20.3pp | 35.91%-52.7pp | -7.84%-8.9pp |
| Employer contribution / active EE | $605 | $2,173-72.2% | $2,836-78.7% | $2,596-76.7% |
| Participant deferral / active EE | $4,895 | $3,779+29.5% | $4,656+5.1% | $4,027+21.5% |
| Admin fee / account holder | $14,482 | $6,112+137.0% | $7,493+93.3% | $5,403+168.0% |