Filed September 15, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,420 | $102,317-0.9% | $146,958-31.0% | $80,856+25.4% |
| Participation rate | 65.4% | 75.8%-10.4pp | 82.2%-16.8pp | 67.6%-2.3pp |
| Annual return | -13.14% | 134.76%-147.9pp | 418.34%-431.5pp | 35.59%-48.7pp |
| Employer contribution / active EE | $10,577 | $3,713+184.8% | $4,933+114.4% | $2,755+283.9% |
| Participant deferral / active EE | $13,862 | $6,644+108.6% | $8,070+71.8% | $4,296+222.7% |
| Admin fee / account holder | $16,981 | $7,941+113.8% | $12,998+30.6% | $6,918+145.5% |