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.
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 | $70,485 | $49,173+43.3% | $121,098-41.8% | $75,163-6.2% |
| Participation rate | 48.6% | 55.4%-6.8pp | 69.5%-20.9pp | 67.2%-18.6pp |
| Annual return | 13.70% | 55.99%-42.3pp | 985.75%-972.0pp | 160.62%-146.9pp |
| Employer contribution / active EE | $5,184 | $1,546+235.4% | $4,164+24.5% | $2,670+94.2% |
| Participant deferral / active EE | $0 | $2,628-100.0% | $4,080-100.0% | $4,125-100.0% |
| Admin fee / account holder | $581 | $3,942-85.3% | $5,644-89.7% | $5,651-89.7% |