Filed May 11, 2015
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 4-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 | $49,120 | $73,004-32.7% | $90,749-45.9% | $68,494-28.3% |
| Participation rate | 37.9% | 70.8%-32.9pp | 75.7%-37.8pp | 67.9%-30.0pp |
| Annual return | -15.63% | -13.81%-1.8pp | -12.16%-3.5pp | -7.84%-7.8pp |
| Employer contribution / active EE | $558 | $2,193-74.5% | $2,921-80.9% | $2,596-78.5% |
| Participant deferral / active EE | $2,627 | $3,627-27.6% | $4,564-42.4% | $4,027-34.8% |
| Admin fee / account holder | $2,010 | $5,896-65.9% | $8,445-76.2% | $5,403-62.8% |