Filed August 24, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,728 | $76,670+2.7% | $96,683-18.6% | $71,457+10.2% |
| Participation rate | 35.2% | 66.6%-31.4pp | 74.3%-39.1pp | 67.9%-32.7pp |
| Annual return | 12.17% | 48.29%-36.1pp | 35.69%-23.5pp | 28.85%-16.7pp |
| Employer contribution / active EE | $1,204 | $3,031-60.3% | $3,737-67.8% | $2,588-53.5% |
| Participant deferral / active EE | $2,584 | $3,771-31.5% | $4,878-47.0% | $4,289-39.7% |
| Admin fee / account holder | $3,618 | $2,028+78.4% | $6,730-46.2% | $1,587+127.9% |