Filed December 29, 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 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 | $77,898 | $76,670+1.6% | $96,683-19.4% | $71,457+9.0% |
| Participation rate | 41.1% | 66.6%-25.5pp | 74.3%-33.3pp | 67.9%-26.8pp |
| Annual return | 16.98% | 48.29%-31.3pp | 35.69%-18.7pp | 28.85%-11.9pp |
| Employer contribution / active EE | $1,297 | $3,031-57.2% | $3,737-65.3% | $2,588-49.9% |
| Participant deferral / active EE | $3,485 | $3,771-7.6% | $4,878-28.6% | $4,289-18.7% |
| Admin fee / account holder | $7,971 | $2,028+293.0% | $6,730+18.4% | $1,587+402.2% |