Filed January 24, 2019
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 3-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 | $21,083 | $81,248-74.1% | $155,509-86.4% | $80,856-73.9% |
| Participation rate | 19.1% | 66.2%-47.1pp | 78.2%-59.1pp | 67.6%-48.5pp |
| Annual return | 53.43% | 33.31%+20.1pp | 64.67%-11.2pp | 35.59%+17.8pp |
| Employer contribution / active EE | $596 | $3,100-80.8% | $4,672-87.3% | $2,755-78.4% |
| Participant deferral / active EE | $942 | $3,452-72.7% | $5,626-83.3% | $4,296-78.1% |
| Admin fee / account holder | $1,609 | $7,997-79.9% | $15,912-89.9% | $6,918-76.7% |