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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,004 | $85,766-12.5% | $136,294-45.0% | $70,131+6.9% |
| Participation rate | 54.8% | 74.2%-19.4pp | 81.9%-27.1pp | 69.5%-14.7pp |
| Annual return | 18.08% | 31.45%-13.4pp | 5155.94%-5137.9pp | 73.14%-55.1pp |
| Employer contribution / active EE | $4,079 | $2,966+37.5% | $4,695-13.1% | $2,342+74.2% |
| Participant deferral / active EE | $6,414 | $5,051+27.0% | $6,247+2.7% | $3,332+92.5% |
| Admin fee / account holder | $25,778 | $5,420+375.6% | $9,243+178.9% | $4,645+454.9% |