Filed October 29, 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,008 | $100,041-64.0% | $149,718-75.9% | $70,131-48.7% |
| Participation rate | 98.1% | 83.6%+14.5pp | 87.1%+11.0pp | 69.5%+28.5pp |
| Annual return | 120.98% | 27.43%+93.5pp | 1501.63%-1380.7pp | 73.14%+47.8pp |
| Employer contribution / active EE | $2,661 | $3,662-27.3% | $5,445-51.1% | $2,342+13.6% |
| Participant deferral / active EE | $2,596 | $4,983-47.9% | $6,569-60.5% | $3,332-22.1% |
| Admin fee / account holder | $2,182 | $8,286-73.7% | $11,283-80.7% | $4,645-53.0% |