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 | $115,881 | $49,173+135.7% | $121,098-4.3% | $75,163+54.2% |
| Participation rate | 53.8% | 55.4%-1.5pp | 69.5%-15.6pp | 67.2%-13.3pp |
| Annual return | 14.91% | 55.99%-41.1pp | 985.75%-970.8pp | 160.62%-145.7pp |
| Employer contribution / active EE | $1,342 | $1,546-13.2% | $4,164-67.8% | $2,670-49.7% |
| Participant deferral / active EE | $4,951 | $2,628+88.4% | $4,080+21.4% | $4,125+20.0% |
| Admin fee / account holder | $1,124 | $3,942-71.5% | $5,644-80.1% | $5,651-80.1% |