Filed June 30, 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 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.
Employer 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 | $44,838 | $100,041-55.2% | $149,718-70.1% | $70,131-36.1% |
| Participation rate | 45.1% | 83.6%-38.5pp | 87.1%-42.0pp | 69.5%-24.4pp |
| Annual return | 16.46% | 27.43%-11.0pp | 1501.63%-1485.2pp | 73.14%-56.7pp |
| Employer contribution / active EE | $528 | $3,662-85.6% | $5,445-90.3% | $2,342-77.5% |
| Participant deferral / active EE | $3,612 | $4,983-27.5% | $6,569-45.0% | $3,332+8.4% |
| Admin fee / account holder | $640 | $8,286-92.3% | $11,283-94.3% | $4,645-86.2% |