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 | $88,908 | $86,944+2.3% | $107,525-17.3% | $74,304+19.7% |
| Participation rate | 48.4% | 59.6%-11.2pp | 75.1%-26.7pp | 60.3%-12.0pp |
| Annual return | 14.84% | 23.52%-8.7pp | 181.32%-166.5pp | 29.43%-14.6pp |
| Employer contribution / active EE | $1,773 | $2,757-35.7% | $3,754-52.8% | $2,241-20.9% |
| Participant deferral / active EE | $4,934 | $3,554+38.8% | $5,116-3.5% | $3,767+31.0% |
| Admin fee / account holder | $16,469 | $3,727+341.9% | $8,919+84.7% | $2,969+454.7% |