Filed April 10, 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.
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 | $29,934 | $47,977-37.6% | $154,107-80.6% | $56,287-46.8% |
| Participation rate | 32.7% | 66.2%-33.4pp | 83.0%-50.3pp | 69.9%-37.1pp |
| Annual return | 10.98% | 3.54%+7.4pp | 735.12%-724.1pp | -9.96%+20.9pp |
| Employer contribution / active EE | $601 | $2,169-72.3% | $5,298-88.7% | $2,111-71.5% |
| Participant deferral / active EE | $985 | $2,392-58.8% | $5,081-80.6% | $3,350-70.6% |
| Admin fee / account holder | $1,078 | $438+146.1% | $13,411-92.0% | $521+107.0% |