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.
Employer 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,518 | $91,407-17.4% | $135,903-44.4% | $71,457+5.7% |
| Participation rate | 65.3% | 75.7%-10.4pp | 81.9%-16.7pp | 67.9%-2.7pp |
| Annual return | 16.76% | 29.90%-13.1pp | 68.23%-51.5pp | 28.85%-12.1pp |
| Employer contribution / active EE | $0 | $3,703-100.0% | $4,856-100.0% | $2,588-100.0% |
| Participant deferral / active EE | $6,235 | $7,092-12.1% | $7,758-19.6% | $4,289+45.4% |
| Admin fee / account holder | $9,413 | $1,266+643.7% | $10,762-12.5% | $1,587+493.0% |