Filed January 4, 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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,213 | $109,359-69.6% | $162,163-79.5% | $72,985-54.5% |
| Participation rate | 87.1% | 84.3%+2.8pp | 87.6%-0.5pp | 69.5%+17.6pp |
| Annual return | 5.11% | 25.46%-20.4pp | 115.59%-110.5pp | 81.00%-75.9pp |
| Employer contribution / active EE | $1,077 | $3,907-72.4% | $5,614-80.8% | $2,440-55.9% |
| Participant deferral / active EE | $2,723 | $5,481-50.3% | $7,298-62.7% | $3,607-24.5% |
| Admin fee / account holder | $1,748 | $7,972-78.1% | $10,843-83.9% | $5,124-65.9% |