Filed April 27, 2017
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 | $23,745 | $49,227-51.8% | $70,449-66.3% | $79,858-70.3% |
| Participation rate | 2.0% | 69.2%-67.2pp | 75.1%-73.1pp | 69.6%-67.7pp |
| Annual return | 12.37% | 30.06%-17.7pp | 109.03%-96.7pp | 31.71%-19.3pp |
| Employer contribution / active EE | $1,049 | $2,099-50.0% | $2,737-61.7% | $2,471-57.5% |
| Participant deferral / active EE | $1,836 | $2,768-33.7% | $3,709-50.5% | $3,740-50.9% |
| Admin fee / account holder | $11,108 | $2,878+285.9% | $3,845+188.9% | $5,306+109.3% |