Filed July 7, 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,739 | $102,966-91.5% | $90,281-90.3% | $152,861-94.3% |
| Participation rate | 0.0% | 75.9%-75.9pp | 73.3%-73.3pp | 82.4%-82.4pp |
| Annual return | 15.29% | 95.16%-79.9pp | 78.10%-62.8pp | 345.32%-330.0pp |
| Employer contribution / active EE | $4,347 | $3,139+38.5% | $2,854+52.3% | $4,762-8.7% |
| Participant deferral / active EE | $4,347 | $4,281+1.5% | $3,885+11.9% | $5,850-25.7% |
| Admin fee / account holder | $24,054 | $6,171+289.8% | $5,351+349.5% | $11,596+107.4% |