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 | $46,317 | $43,723+5.9% | $121,196-61.8% | $64,186-27.8% |
| Participation rate | 34.2% | 58.3%-24.1pp | 71.7%-37.5pp | 69.6%-35.4pp |
| Annual return | -5.03% | 68.91%-73.9pp | 16.93%-22.0pp | 7.63%-12.7pp |
| Employer contribution / active EE | $744 | $1,296-42.6% | $4,022-81.5% | $2,381-68.8% |
| Participant deferral / active EE | $1,454 | $2,280-36.2% | $3,344-56.5% | $3,470-58.1% |
| Admin fee / account holder | $1,242 | $3,501-64.5% | $5,019-75.3% | $4,888-74.6% |