Filed April 3, 2019
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 | $105,199 | $77,503+35.7% | $100,391+4.8% | $80,856+30.1% |
| Participation rate | 65.8% | 76.9%-11.2pp | 81.5%-15.7pp | 67.6%-1.8pp |
| Annual return | 11.57% | 37.20%-25.6pp | 49.20%-37.6pp | 35.59%-24.0pp |
| Employer contribution / active EE | $3,125 | $2,801+11.6% | $3,942-20.7% | $2,755+13.4% |
| Participant deferral / active EE | $7,163 | $6,820+5.0% | $8,082-11.4% | $4,296+66.7% |
| Admin fee / account holder | $21,870 | $5,897+270.9% | $7,899+176.9% | $6,918+216.1% |