Filed December 12, 2014
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 | $50,722 | $46,869+8.2% | $122,332-58.5% | $70,131-27.7% |
| Participation rate | 29.4% | 58.2%-28.8pp | 71.6%-42.2pp | 69.5%-40.1pp |
| Annual return | 19.00% | 24.22%-5.2pp | 30.27%-11.3pp | 73.14%-54.1pp |
| Employer contribution / active EE | $701 | $1,288-45.6% | $4,050-82.7% | $2,342-70.1% |
| Participant deferral / active EE | $1,342 | $2,166-38.0% | $3,287-59.2% | $3,332-59.7% |
| Admin fee / account holder | $16,148 | $3,322+386.0% | $5,478+194.8% | $4,645+247.6% |