Filed January 23, 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 | $56,300 | $160,055-64.8% | $140,016-59.8% | $135,375-58.4% |
| Participation rate | 57.1% | 88.5%-31.4pp | 87.5%-30.4pp | 82.6%-25.5pp |
| Annual return | -8.22% | 911.38%-919.6pp | 651.12%-659.3pp | 519.73%-528.0pp |
| Employer contribution / active EE | $2,302 | $6,420-64.1% | $5,606-58.9% | $4,779-51.8% |
| Participant deferral / active EE | $3,628 | $7,642-52.5% | $6,927-47.6% | $5,609-35.3% |
| Admin fee / account holder | $686 | $13,328-94.9% | $10,705-93.6% | $10,827-93.7% |