Filed December 2, 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 | $36,049 | $89,355-59.7% | $141,162-74.5% | $72,985-50.6% |
| Participation rate | 68.1% | 75.1%-7.1pp | 82.5%-14.4pp | 69.5%-1.4pp |
| Annual return | 23.18% | 111.85%-88.7pp | 71.39%-48.2pp | 81.00%-57.8pp |
| Employer contribution / active EE | $1,684 | $3,114-45.9% | $4,735-64.4% | $2,440-31.0% |
| Participant deferral / active EE | $2,986 | $5,418-44.9% | $6,709-55.5% | $3,607-17.2% |
| Admin fee / account holder | $5,043 | $5,958-15.4% | $10,261-50.9% | $5,124-1.6% |