Filed January 10, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,596 | $81,208-3.2% | $98,907-20.5% | $79,858-1.6% |
| Participation rate | 25.3% | 72.5%-47.2pp | 76.0%-50.7pp | 69.6%-44.3pp |
| Annual return | 15.25% | 60.99%-45.7pp | 196.43%-181.2pp | 31.71%-16.5pp |
| Employer contribution / active EE | $781 | $1,960-60.2% | $2,689-71.0% | $2,471-68.4% |
| Participant deferral / active EE | $1,367 | $3,265-58.1% | $4,244-67.8% | $3,740-63.4% |
| Admin fee / account holder | $807 | $6,013-86.6% | $6,642-87.9% | $5,306-84.8% |