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 | $77,165 | $60,323+27.9% | $81,812-5.7% | $74,495+3.6% |
| Participation rate | 34.5% | 62.9%-28.3pp | 72.3%-37.8pp | 67.2%-32.7pp |
| Annual return | 19.77% | 16.90%+2.9pp | 773.79%-754.0pp | 1364.94%-1345.2pp |
| Employer contribution / active EE | $643 | $2,620-75.5% | $2,912-77.9% | $2,623-75.5% |
| Participant deferral / active EE | $2,075 | $3,387-38.8% | $4,319-52.0% | $4,346-52.3% |
| Admin fee / account holder | $400 | $1,486-73.1% | $7,386-94.6% | $1,942-79.4% |