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 | $77,523+35.7% | $100,383+4.8% | $80,874+30.1% |
| Participation rate | 65.8% | 77.0%-11.2pp | 81.5%-15.7pp | 67.6%-1.9pp |
| Annual return | 11.57% | 37.21%-25.6pp | 49.26%-37.7pp | 35.62%-24.0pp |
| Employer contribution / active EE | $3,125 | $2,801+11.6% | $3,944-20.8% | $2,756+13.4% |
| Participant deferral / active EE | $7,163 | $6,822+5.0% | $8,086-11.4% | $4,297+66.7% |
| Admin fee / account holder | $21,870 | $5,899+270.8% | $7,900+176.8% | $6,935+215.3% |