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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $111,690 | $86,944+28.5% | $107,525+3.9% | $74,304+50.3% |
| Participation rate | 48.9% | 59.6%-10.7pp | 75.1%-26.2pp | 60.3%-11.5pp |
| Annual return | 12.95% | 23.52%-10.6pp | 181.32%-168.4pp | 29.43%-16.5pp |
| Employer contribution / active EE | $1,973 | $2,757-28.4% | $3,754-47.4% | $2,241-12.0% |
| Participant deferral / active EE | $3,662 | $3,554+3.0% | $5,116-28.4% | $3,767-2.8% |
| Admin fee / account holder | $19,140 | $3,727+413.6% | $8,919+114.6% | $2,969+544.7% |