Filed December 21, 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 8-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 | $58,503 | $53,516+9.3% | $126,539-53.8% | $84,808-31.0% |
| Participation rate | 50.8% | 58.2%-7.5pp | 69.8%-19.0pp | 68.3%-17.5pp |
| Annual return | 10.56% | 58.34%-47.8pp | 425.95%-415.4pp | 40.90%-30.3pp |
| Employer contribution / active EE | $853 | $1,535-44.4% | $3,674-76.8% | $2,631-67.6% |
| Participant deferral / active EE | $3,300 | $2,671+23.5% | $4,083-19.2% | $4,212-21.7% |
| Admin fee / account holder | $10,274 | $4,497+128.5% | $6,065+69.4% | $7,344+39.9% |