Filed July 25, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,881 | $58,694+56.5% | $142,863-35.7% | $85,850+7.0% |
| Participation rate | 58.3% | 58.5%-0.1pp | 71.9%-13.6pp | 69.3%-11.0pp |
| Annual return | 10.77% | 27.72%-17.0pp | 5637.54%-5626.8pp | 318.53%-307.8pp |
| Employer contribution / active EE | $5,228 | $1,423+267.5% | $4,144+26.2% | $2,565+103.8% |
| Participant deferral / active EE | $0 | $2,607-100.0% | $3,837-100.0% | $3,952-100.0% |
| Admin fee / account holder | $4,355 | $4,239+2.7% | $6,560-33.6% | $6,260-30.4% |