Filed May 19, 2017
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 | $34,829 | $65,685-47.0% | $57,179-39.1% | $273,961-87.3% |
| Participation rate | 50.0% | 78.3%-28.3pp | 75.3%-25.3pp | 83.0%-33.0pp |
| Annual return | 5.81% | 21.99%-16.2pp | 14.59%-8.8pp | 41.45%-35.6pp |
| Employer contribution / active EE | $11,317 | $3,279+245.2% | $2,682+321.9% | $4,869+132.4% |
| Participant deferral / active EE | $14,301 | $3,782+278.1% | $3,096+361.9% | $5,287+170.5% |
| Admin fee / account holder | $117,063 | $4,835+2321.4% | $3,139+3629.4% | $10,132+1055.4% |