Filed May 9, 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 6-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 | $126,321 | $89,355+41.4% | $141,162-10.5% | $72,985+73.1% |
| Participation rate | 69.2% | 75.1%-5.9pp | 82.5%-13.2pp | 69.5%-0.3pp |
| Annual return | 16.06% | 111.85%-95.8pp | 71.39%-55.3pp | 81.00%-64.9pp |
| Employer contribution / active EE | $6,318 | $3,114+102.9% | $4,735+33.4% | $2,440+159.0% |
| Participant deferral / active EE | $9,814 | $5,418+81.1% | $6,709+46.3% | $3,607+172.1% |
| Admin fee / account holder | $88,535 | $5,958+1385.9% | $10,261+762.8% | $5,124+1627.7% |