Filed March 9, 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 | $73,512 | $63,346+16.0% | $92,233-20.3% | $70,131+4.8% |
| Participation rate | 56.9% | 68.7%-11.7pp | 76.5%-19.5pp | 69.5%-12.6pp |
| Annual return | 16.13% | 530.12%-514.0pp | 176.28%-160.2pp | 73.14%-57.0pp |
| Employer contribution / active EE | $1,621 | $2,471-34.4% | $3,679-56.0% | $2,342-30.8% |
| Participant deferral / active EE | $3,458 | $2,854+21.2% | $3,897-11.3% | $3,332+3.8% |
| Admin fee / account holder | $8,060 | $3,840+109.9% | $5,194+55.2% | $4,645+73.5% |