Filed January 8, 2015
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 | $30,712 | $77,634-60.4% | $156,549-80.4% | $62,891-51.2% |
| Participation rate | 32.9% | 71.2%-38.3pp | 84.0%-51.1pp | 69.3%-36.4pp |
| Annual return | 6.82% | 50.32%-43.5pp | 32.23%-25.4pp | 20.14%-13.3pp |
| Employer contribution / active EE | $594 | $3,444-82.7% | $5,501-89.2% | $2,281-73.9% |
| Participant deferral / active EE | $1,837 | $3,045-39.7% | $4,871-62.3% | $3,203-42.7% |
| Admin fee / account holder | $2,702 | $5,561-51.4% | $13,027-79.3% | $4,296-37.1% |