Filed June 30, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,116 | $46,732-57.0% | $156,549-87.2% | $55,167-63.5% |
| Participation rate | 30.8% | 65.8%-35.0pp | 84.0%-53.2pp | 69.0%-38.2pp |
| Annual return | -0.51% | 17.72%-18.2pp | 32.23%-32.7pp | 169.23%-169.7pp |
| Employer contribution / active EE | $430 | $2,105-79.6% | $5,501-92.2% | $1,963-78.1% |
| Participant deferral / active EE | $1,082 | $2,204-50.9% | $4,871-77.8% | $3,054-64.6% |
| Admin fee / account holder | $7,902 | $418+1788.8% | $13,027-39.3% | $504+1468.3% |