Filed August 5, 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 | $201,055 | $78,672+155.6% | $109,143+84.2% | $85,850+134.2% |
| Participation rate | 53.3% | 68.3%-14.9pp | 75.9%-22.5pp | 69.3%-16.0pp |
| Annual return | 14.62% | 25.09%-10.5pp | 25.75%-11.1pp | 318.53%-303.9pp |
| Employer contribution / active EE | $978 | $2,735-64.2% | $3,722-73.7% | $2,565-61.9% |
| Participant deferral / active EE | $7,099 | $3,467+104.7% | $4,653+52.6% | $3,952+79.6% |
| Admin fee / account holder | $8,165 | $5,469+49.3% | $6,752+20.9% | $6,260+30.4% |