Filed November 15, 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 | $144,057 | $109,359+31.7% | $162,163-11.2% | $72,985+97.4% |
| Participation rate | 69.0% | 84.3%-15.2pp | 87.6%-18.5pp | 69.5%-0.5pp |
| Annual return | 20.83% | 25.46%-4.6pp | 115.59%-94.8pp | 81.00%-60.2pp |
| Employer contribution / active EE | $1,562 | $3,907-60.0% | $5,614-72.2% | $2,440-36.0% |
| Participant deferral / active EE | $6,046 | $5,481+10.3% | $7,298-17.2% | $3,607+67.6% |
| Admin fee / account holder | $4,572 | $7,972-42.7% | $10,843-57.8% | $5,124-10.8% |