Filed June 24, 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 | $183,751 | $71,883+155.6% | $86,677+112.0% | $68,494+168.3% |
| Participation rate | 68.8% | 72.2%-3.4pp | 76.6%-7.7pp | 67.9%+0.9pp |
| Annual return | -11.02% | 3.52%-14.5pp | 35.91%-46.9pp | -7.84%-3.2pp |
| Employer contribution / active EE | $2,594 | $2,173+19.4% | $2,836-8.5% | $2,596-0.1% |
| Participant deferral / active EE | $6,512 | $3,779+72.3% | $4,656+39.9% | $4,027+61.7% |
| Admin fee / account holder | $30,229 | $6,112+394.6% | $7,493+303.4% | $5,403+459.5% |