Filed November 17, 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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,762 | $63,346-60.9% | $92,233-73.2% | $70,131-64.7% |
| Participation rate | 47.5% | 68.7%-21.2pp | 76.5%-29.0pp | 69.5%-22.0pp |
| Annual return | 18.11% | 530.12%-512.0pp | 176.28%-158.2pp | 73.14%-55.0pp |
| Employer contribution / active EE | $8 | $2,471-99.7% | $3,679-99.8% | $2,342-99.7% |
| Participant deferral / active EE | $1,318 | $2,854-53.8% | $3,897-66.2% | $3,332-60.4% |
| Admin fee / account holder | $1,647 | $3,840-57.1% | $5,194-68.3% | $4,645-64.6% |