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 | $49,657+72.2% | $93,063-8.1% | $67,986+25.8% |
| Participation rate | 34.4% | 49.9%-15.6pp | 72.1%-37.7pp | 57.2%-22.8pp |
| Annual return | 16.24% | 26.27%-10.0pp | 34.15%-17.9pp | 31.67%-15.4pp |
| Employer contribution / active EE | $0 | $1,279-100.0% | $2,476-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $1,792 | $2,484-27.9% | $3,958-54.7% | $3,358-46.6% |
| Admin fee / account holder | $12,441 | $2,843+337.7% | $6,033+106.2% | $3,203+288.4% |