Filed March 4, 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 | $114,518 | $80,731+41.9% | $103,374+10.8% | $74,546+53.6% |
| Participation rate | 43.7% | 65.7%-22.0pp | 74.5%-30.8pp | 67.2%-23.5pp |
| Annual return | 11.52% | 27.56%-16.0pp | 24.89%-13.4pp | 1366.03%-1354.5pp |
| Employer contribution / active EE | $1,670 | $3,158-47.1% | $3,869-56.8% | $2,624-36.4% |
| Participant deferral / active EE | $3,079 | $3,860-20.2% | $5,058-39.1% | $4,347-29.2% |
| Admin fee / account holder | $2,900 | $2,369+22.4% | $8,394-65.5% | $1,944+49.2% |