Filed December 18, 2019
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,343 | $63,114+57.4% | $92,893+6.9% | $65,185+52.4% |
| Participation rate | 67.3% | 68.8%-1.5pp | 76.0%-8.7pp | 70.2%-2.9pp |
| Annual return | -0.36% | 28.75%-29.1pp | 109.41%-109.8pp | 29.38%-29.7pp |
| Employer contribution / active EE | $1,924 | $2,571-25.1% | $3,653-47.3% | $2,177-11.6% |
| Participant deferral / active EE | $7,059 | $3,108+127.1% | $4,236+66.6% | $3,514+100.9% |
| Admin fee / account holder | $19,461 | $624+3020.8% | $5,794+235.9% | $847+2197.4% |