Filed December 7, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $95,327 | $99,957-4.6% | $149,696-36.3% | $73,488+29.7% |
| Participation rate | 7.4% | 75.7%-68.3pp | 82.5%-75.1pp | 70.7%-63.3pp |
| Annual return | 26.74% | 53.87%-27.1pp | 276.60%-249.9pp | 28.51%-1.8pp |
| Employer contribution / active EE | $1,086 | $3,191-66.0% | $4,644-76.6% | $2,270-52.2% |
| Participant deferral / active EE | $0 | $6,073-100.0% | $6,842-100.0% | $3,740-100.0% |
| Admin fee / account holder | $482 | $551-12.5% | $9,309-94.8% | $513-6.1% |