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.
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 | $36,320 | $65,365-44.4% | $92,893-60.9% | $72,985-50.2% |
| Participation rate | 43.8% | 68.3%-24.5pp | 76.0%-32.2pp | 69.5%-25.7pp |
| Annual return | 19.43% | 42.10%-22.7pp | 109.41%-90.0pp | 81.00%-61.6pp |
| Employer contribution / active EE | $0 | $2,594-100.0% | $3,653-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,356 | $3,128-56.6% | $4,236-68.0% | $3,607-62.4% |
| Admin fee / account holder | $1,582 | $4,251-62.8% | $5,794-72.7% | $5,124-69.1% |