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 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.
Participant 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,041 | $73,102-89.0% | $123,544-93.5% | $56,287-85.7% |
| Participation rate | 64.8% | 74.3%-9.6pp | 82.3%-17.5pp | 69.9%-5.1pp |
| Annual return | 48.82% | 3.01%+45.8pp | 119.20%-70.4pp | -9.96%+58.8pp |
| Employer contribution / active EE | $648 | $2,977-78.2% | $4,628-86.0% | $2,111-69.3% |
| Participant deferral / active EE | $1,932 | $5,423-64.4% | $6,426-69.9% | $3,350-42.3% |
| Admin fee / account holder | $496 | $554-10.4% | $9,284-94.7% | $521-4.8% |