Filed February 5, 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 | $37,451 | $51,638-27.5% | $68,368-45.2% | $82,448-54.6% |
| Participation rate | 31.7% | 63.6%-31.9pp | 73.8%-42.0pp | 68.1%-36.4pp |
| Annual return | 11.34% | 37.53%-26.2pp | 292.57%-281.2pp | 41.64%-30.3pp |
| Employer contribution / active EE | $607 | $2,047-70.3% | $2,649-77.1% | $2,551-76.2% |
| Participant deferral / active EE | $975 | $2,914-66.5% | $4,123-76.4% | $4,139-76.4% |
| Admin fee / account holder | $8,436 | $4,643+81.7% | $5,150+63.8% | $7,234+16.6% |