Filed May 6, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,435 | $61,272-32.4% | $149,673-72.3% | $71,457-42.0% |
| Participation rate | 27.3% | 62.5%-35.2pp | 78.8%-51.5pp | 67.9%-40.6pp |
| Annual return | 17.51% | 35.85%-18.3pp | 134.42%-116.9pp | 28.85%-11.3pp |
| Employer contribution / active EE | $852 | $2,378-64.2% | $4,818-82.3% | $2,588-67.1% |
| Participant deferral / active EE | $865 | $2,917-70.4% | $5,680-84.8% | $4,289-79.8% |
| Admin fee / account holder | $18,863 | $1,261+1395.4% | $13,210+42.8% | $1,587+1088.4% |