Filed May 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 | $129,833 | $88,083+47.4% | $164,813-21.2% | $74,495+74.3% |
| Participation rate | 42.3% | 73.0%-30.7pp | 78.6%-36.3pp | 67.2%-24.9pp |
| Annual return | 13.58% | 17.26%-3.7pp | 69.93%-56.3pp | 1364.94%-1351.4pp |
| Employer contribution / active EE | $1,328 | $2,593-48.8% | $4,341-69.4% | $2,623-49.4% |
| Participant deferral / active EE | $2,527 | $4,498-43.8% | $6,031-58.1% | $4,346-41.9% |
| Admin fee / account holder | $9,828 | $2,234+340.0% | $12,690-22.6% | $1,942+406.1% |