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 | $62,032 | $71,050-12.7% | $93,606-33.7% | $80,856-23.3% |
| Participation rate | 56.9% | 60.4%-3.5pp | 68.7%-11.8pp | 67.6%-10.7pp |
| Annual return | 11.63% | 11.26%+0.4pp | 133.20%-121.6pp | 35.59%-24.0pp |
| Employer contribution / active EE | $442 | $1,564-71.7% | $2,420-81.7% | $2,755-83.9% |
| Participant deferral / active EE | $3,256 | $4,034-19.3% | $4,411-26.2% | $4,296-24.2% |
| Admin fee / account holder | $9,349 | $6,945+34.6% | $8,285+12.8% | $6,918+35.1% |