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 | $75,177 | $64,707+16.2% | $112,228-33.0% | $68,494+9.8% |
| Participation rate | 43.9% | 67.2%-23.3pp | 75.1%-31.2pp | 67.9%-24.0pp |
| Annual return | -11.68% | -11.40%-0.3pp | 27.45%-39.1pp | -7.84%-3.8pp |
| Employer contribution / active EE | $932 | $2,746-66.0% | $3,635-74.4% | $2,596-64.1% |
| Participant deferral / active EE | $2,080 | $3,565-41.7% | $4,728-56.0% | $4,027-48.4% |
| Admin fee / account holder | $39,073 | $5,232+646.8% | $6,410+509.6% | $5,403+623.2% |