Filed September 12, 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 | $85,515 | $55,371+54.4% | $95,585-10.5% | $74,304+15.1% |
| Participation rate | 34.4% | 53.8%-19.4pp | 72.1%-37.7pp | 60.3%-26.0pp |
| Annual return | 16.24% | 24.26%-8.0pp | 38.56%-22.3pp | 29.43%-13.2pp |
| Employer contribution / active EE | $0 | $1,437-100.0% | $2,527-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $1,792 | $2,955-39.4% | $4,023-55.5% | $3,767-52.4% |
| Admin fee / account holder | $12,441 | $2,620+374.8% | $6,127+103.0% | $2,969+319.1% |