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 | $99,155 | $51,576+92.3% | $129,207-23.3% | $80,856+22.6% |
| Participation rate | 55.1% | 57.0%-1.9pp | 69.6%-14.5pp | 67.6%-12.6pp |
| Annual return | 12.36% | 20.81%-8.4pp | 9417.33%-9405.0pp | 35.59%-23.2pp |
| Employer contribution / active EE | $1,418 | $1,584-10.5% | $4,153-65.9% | $2,755-48.5% |
| Participant deferral / active EE | $4,664 | $2,669+74.8% | $4,168+11.9% | $4,296+8.6% |
| Admin fee / account holder | $36,845 | $4,305+755.8% | $7,715+377.6% | $6,918+432.6% |