Filed August 30, 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 | $110,337 | $49,922+121.0% | $80,569+36.9% | $75,163+46.8% |
| Participation rate | 32.9% | 55.3%-22.4pp | 67.0%-34.1pp | 67.2%-34.3pp |
| Annual return | 177.60% | 34.69%+142.9pp | 935.43%-757.8pp | 160.62%+17.0pp |
| Employer contribution / active EE | $1,235 | $1,698-27.3% | $2,723-54.7% | $2,670-53.8% |
| Participant deferral / active EE | $1,628 | $2,990-45.6% | $4,447-63.4% | $4,125-60.5% |
| Admin fee / account holder | $741 | $3,577-79.3% | $5,377-86.2% | $5,651-86.9% |