Filed December 1, 2017
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.
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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,258 | $53,053+83.3% | $126,539-23.1% | $74,304+30.9% |
| Participation rate | 44.3% | 48.0%-3.7pp | 69.8%-25.5pp | 60.3%-16.0pp |
| Annual return | 12.58% | 29.46%-16.9pp | 425.95%-413.4pp | 29.43%-16.8pp |
| Employer contribution / active EE | $0 | $1,168-100.0% | $3,674-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $2,955 | $2,303+28.3% | $4,083-27.6% | $3,767-21.6% |
| Admin fee / account holder | $17,273 | $3,698+367.1% | $6,065+184.8% | $2,969+481.8% |