Filed May 17, 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 4-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.
Employer 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,954 | $60,165-73.5% | $74,183-78.5% | $55,167-71.1% |
| Participation rate | 76.0% | 74.2%+1.8pp | 76.6%-0.7pp | 69.0%+7.0pp |
| Annual return | 25.13% | 10.00%+15.1pp | 17.74%+7.4pp | 169.23%-144.1pp |
| Employer contribution / active EE | $0 | $1,600-100.0% | $2,370-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $3,338 | $2,973+12.3% | $3,550-6.0% | $3,054+9.3% |
| Admin fee / account holder | $3,391 | $419+708.6% | $5,586-39.3% | $504+572.9% |