Filed November 27, 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 4-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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,957 | $72,277+41.1% | $101,248+0.7% | $79,858+27.7% |
| Participation rate | 46.5% | 68.5%-21.9pp | 75.8%-29.3pp | 69.6%-23.1pp |
| Annual return | 24.97% | 22.30%+2.7pp | 46.47%-21.5pp | 31.71%-6.7pp |
| Employer contribution / active EE | $0 | $2,692-100.0% | $3,660-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,010 | $3,282-38.8% | $4,370-54.0% | $3,740-46.3% |
| Admin fee / account holder | $583 | $4,400-86.8% | $5,945-90.2% | $5,306-89.0% |