Filed March 13, 2017
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 | $23,000 | $87,705-73.8% | $63,517-63.8% | $125,391-81.7% |
| Participation rate | 66.7% | 77.0%-10.4pp | 71.0%-4.4pp | 83.2%-16.5pp |
| Annual return | 1.62% | 21.70%-20.1pp | -70.30%+71.9pp | 282.22%-280.6pp |
| Employer contribution / active EE | $2,534 | $3,601-29.6% | $2,322+9.1% | $4,866-47.9% |
| Participant deferral / active EE | $4,116 | $3,939+4.5% | $2,953+39.4% | $5,352-23.1% |
| Admin fee / account holder | $4,510 | $11,948-62.3% | $5,892-23.5% | $9,540-52.7% |