Filed May 22, 2017
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 8-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 | $15,875 | $56,114-71.7% | $96,139-83.5% | $85,850-81.5% |
| Participation rate | 54.3% | 56.7%-2.4pp | 68.4%-14.1pp | 69.3%-15.0pp |
| Annual return | 38.28% | 42.30%-4.0pp | 191.94%-153.7pp | 318.53%-280.2pp |
| Employer contribution / active EE | $471 | $1,620-70.9% | $2,797-83.2% | $2,565-81.6% |
| Participant deferral / active EE | $1,649 | $2,859-42.3% | $4,349-62.1% | $3,952-58.3% |
| Admin fee / account holder | $1,376 | $3,768-63.5% | $5,537-75.1% | $6,260-78.0% |