Filed February 21, 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.
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 | $72,969 | $72,177+1.1% | $115,037-36.6% | $59,632+22.4% |
| Participation rate | 64.6% | 72.6%-8.0pp | 81.4%-16.8pp | 68.7%-4.1pp |
| Annual return | -2.73% | 12.02%-14.8pp | 26.14%-28.9pp | 2041.28%-2044.0pp |
| Employer contribution / active EE | $6,976 | $2,841+145.5% | $4,608+51.4% | $2,203+216.7% |
| Participant deferral / active EE | $10,346 | $4,783+116.3% | $6,026+71.7% | $3,192+224.1% |
| Admin fee / account holder | $14,873 | $4,927+201.9% | $8,175+81.9% | $4,297+246.1% |