Filed May 10, 2018
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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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.
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 | $27,205 | $138,347-80.3% | $184,203-85.2% | $80,856-66.4% |
| Participation rate | 72.6% | 83.9%-11.3pp | 86.8%-14.2pp | 67.6%+5.0pp |
| Annual return | 9.81% | 20.02%-10.2pp | 28.81%-19.0pp | 35.59%-25.8pp |
| Employer contribution / active EE | $1,383 | $4,850-71.5% | $6,427-78.5% | $2,755-49.8% |
| Participant deferral / active EE | $1,907 | $7,071-73.0% | $9,131-79.1% | $4,296-55.6% |
| Admin fee / account holder | $5,075 | $10,483-51.6% | $13,901-63.5% | $6,918-26.6% |