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 | $59,676 | $48,570+22.9% | $130,648-54.3% | $72,985-18.2% |
| Participation rate | 47.4% | 58.6%-11.2pp | 71.7%-24.4pp | 69.5%-22.1pp |
| Annual return | 22.18% | 38.63%-16.5pp | 1708.96%-1686.8pp | 81.00%-58.8pp |
| Employer contribution / active EE | $1,573 | $1,334+17.9% | $4,092-61.6% | $2,440-35.5% |
| Participant deferral / active EE | $3,158 | $2,384+32.5% | $3,603-12.3% | $3,607-12.4% |
| Admin fee / account holder | $1,323 | $3,549-62.7% | $5,464-75.8% | $5,124-74.2% |