Filed December 1, 2016 (most recent of 2 filings on file)
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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,849 | $40,256-65.6% | $57,343-75.8% | $59,632-76.8% |
| Participation rate | 61.2% | 69.2%-8.0pp | 75.1%-13.9pp | 68.7%-7.4pp |
| Annual return | 0.63% | 27.49%-26.9pp | 24.39%-23.8pp | 2041.28%-2040.7pp |
| Employer contribution / active EE | $0 | $1,922-100.0% | $2,689-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $2,173 | $2,399-9.4% | $3,162-31.3% | $3,192-31.9% |
| Admin fee / account holder | $218 | $2,818-92.3% | $3,356-93.5% | $4,297-94.9% |