Filed September 25, 2018
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,644 | $70,428-25.3% | $96,562-45.5% | $85,850-38.7% |
| Participation rate | 67.1% | 61.8%+5.3pp | 69.8%-2.7pp | 69.3%-2.2pp |
| Annual return | 11.94% | 18.59%-6.6pp | 37.78%-25.8pp | 318.53%-306.6pp |
| Employer contribution / active EE | $547 | $1,413-61.3% | $2,356-76.8% | $2,565-78.7% |
| Participant deferral / active EE | $3,328 | $2,894+15.0% | $3,849-13.5% | $3,952-15.8% |
| Admin fee / account holder | $5,545 | $4,997+11.0% | $6,181-10.3% | $6,260-11.4% |