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 | $146,905 | $110,094+33.4% | $151,611-3.1% | $68,494+114.5% |
| Participation rate | 65.2% | 84.0%-18.7pp | 87.5%-22.3pp | 67.9%-2.7pp |
| Annual return | -12.03% | -10.12%-1.9pp | 3.33%-15.4pp | -7.84%-4.2pp |
| Employer contribution / active EE | $1,958 | $4,471-56.2% | $6,166-68.2% | $2,596-24.6% |
| Participant deferral / active EE | $7,383 | $6,527+13.1% | $8,363-11.7% | $4,027+83.3% |
| Admin fee / account holder | $14,974 | $7,719+94.0% | $11,616+28.9% | $5,403+177.2% |