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 4-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 | $26,900 | $43,723-38.5% | $121,196-77.8% | $64,186-58.1% |
| Participation rate | 62.5% | 58.3%+4.2pp | 71.7%-9.2pp | 69.6%-7.1pp |
| Annual return | 15.33% | 68.91%-53.6pp | 16.93%-1.6pp | 7.63%+7.7pp |
| Employer contribution / active EE | $0 | $1,296-100.0% | $4,022-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,628 | $2,280-28.6% | $3,344-51.3% | $3,470-53.1% |
| Admin fee / account holder | $1,515 | $3,501-56.7% | $5,019-69.8% | $4,888-69.0% |