Filed April 4, 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 | $71,175 | $91,538-22.2% | $129,995-45.2% | $75,163-5.3% |
| Participation rate | 60.7% | 71.4%-10.8pp | 78.5%-17.8pp | 67.2%-6.5pp |
| Annual return | 16.14% | -631.11%+647.3pp | -137.18%+153.3pp | 160.62%-144.5pp |
| Employer contribution / active EE | $1,066 | $2,845-62.5% | $4,320-75.3% | $2,670-60.1% |
| Participant deferral / active EE | $2,843 | $4,341-34.5% | $5,820-51.1% | $4,125-31.1% |
| Admin fee / account holder | $6,012 | $6,790-11.5% | $10,614-43.4% | $5,651+6.4% |