Filed July 18, 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 9-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 | $32,131 | $77,899-58.8% | $149,673-78.5% | $75,163-57.3% |
| Participation rate | 41.0% | 65.6%-24.6pp | 78.8%-37.8pp | 67.2%-26.2pp |
| Annual return | 21.14% | 31.72%-10.6pp | 134.42%-113.3pp | 160.62%-139.5pp |
| Employer contribution / active EE | $816 | $3,137-74.0% | $4,818-83.1% | $2,670-69.4% |
| Participant deferral / active EE | $1,658 | $3,411-51.4% | $5,680-70.8% | $4,125-59.8% |
| Admin fee / account holder | $1,283 | $5,956-78.5% | $13,210-90.3% | $5,651-77.3% |