Filed December 8, 2016
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 | $129,102 | $80,724+59.9% | $103,333+24.9% | $74,495+73.3% |
| Participation rate | 53.0% | 65.7%-12.7pp | 74.5%-21.5pp | 67.2%-14.2pp |
| Annual return | 14.47% | 27.56%-13.1pp | 24.88%-10.4pp | 1364.94%-1350.5pp |
| Employer contribution / active EE | $2,425 | $3,157-23.2% | $3,868-37.3% | $2,623-7.5% |
| Participant deferral / active EE | $6,313 | $3,860+63.5% | $5,057+24.8% | $4,346+45.3% |
| Admin fee / account holder | $5,141 | $2,368+117.1% | $8,355-38.5% | $1,942+164.8% |