Filed August 9, 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 | $162,075 | $162,781-0.4% | $133,956+21.0% | $158,922+2.0% |
| Participation rate | 58.3% | 83.2%-24.9pp | 79.8%-21.5pp | 82.0%-23.6pp |
| Annual return | 11.55% | 41.94%-30.4pp | 45.09%-33.5pp | 302.83%-291.3pp |
| Employer contribution / active EE | $2,142 | $4,975-57.0% | $3,919-45.3% | $4,761-55.0% |
| Participant deferral / active EE | $4,134 | $5,911-30.1% | $5,048-18.1% | $5,982-30.9% |
| Admin fee / account holder | $4,684 | $11,736-60.1% | $8,927-47.5% | $11,246-58.3% |