Filed December 6, 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 | $19,263 | $43,075-55.3% | $74,583-74.2% | $62,891-69.4% |
| Participation rate | 69.8% | 58.1%+11.8pp | 68.1%+1.7pp | 69.3%+0.5pp |
| Annual return | 10.39% | 17.50%-7.1pp | 20.47%-10.1pp | 20.14%-9.8pp |
| Employer contribution / active EE | $2,319 | $1,498+54.8% | $2,525-8.2% | $2,281+1.7% |
| Participant deferral / active EE | $5,084 | $2,389+112.8% | $3,458+47.0% | $3,203+58.7% |
| Admin fee / account holder | $1,836 | $2,840-35.4% | $4,138-55.6% | $4,296-57.3% |