Filed April 11, 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 | $63,744 | $58,264+9.4% | $86,612-26.4% | $71,457-10.8% |
| Participation rate | 30.1% | 65.0%-34.9pp | 71.7%-41.6pp | 67.9%-37.8pp |
| Annual return | 14.71% | 21.63%-6.9pp | 591.07%-576.4pp | 28.85%-14.1pp |
| Employer contribution / active EE | $541 | $2,574-79.0% | $3,022-82.1% | $2,588-79.1% |
| Participant deferral / active EE | $1,696 | $3,436-50.7% | $4,438-61.8% | $4,289-60.5% |
| Admin fee / account holder | $4,243 | $1,057+301.3% | $5,614-24.4% | $1,587+167.3% |