Filed February 22, 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 | $125,163 | $89,753+39.5% | $107,525+16.4% | $84,808+47.6% |
| Participation rate | 36.6% | 68.1%-31.4pp | 75.1%-38.5pp | 68.3%-31.7pp |
| Annual return | 12.37% | 29.48%-17.1pp | 181.32%-168.9pp | 40.90%-28.5pp |
| Employer contribution / active EE | $830 | $3,113-73.3% | $3,754-77.9% | $2,631-68.5% |
| Participant deferral / active EE | $2,892 | $4,056-28.7% | $5,116-43.5% | $4,212-31.3% |
| Admin fee / account holder | $441 | $7,222-93.9% | $8,919-95.1% | $7,344-94.0% |