Filed January 16, 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 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.
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 | $9,417 | $91,552-89.7% | $133,956-93.0% | $79,858-88.2% |
| Participation rate | 5.7% | 73.3%-67.7pp | 79.8%-74.2pp | 69.6%-64.0pp |
| Annual return | -84.82% | 61.85%-146.7pp | 45.09%-129.9pp | 31.71%-116.5pp |
| Employer contribution / active EE | $3,365 | $2,384+41.2% | $3,919-14.1% | $2,471+36.2% |
| Participant deferral / active EE | $7,547 | $3,733+102.2% | $5,048+49.5% | $3,740+101.8% |
| Admin fee / account holder | $274,099 | $6,321+4236.5% | $8,927+2970.4% | $5,306+5065.6% |