Filed December 27, 2017
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,539 | $135,952-59.1% | $123,892-55.2% | $273,961-79.7% |
| Participation rate | 61.1% | 84.1%-23.0pp | 81.4%-20.3pp | 83.0%-21.9pp |
| Annual return | 3.37% | 56.63%-53.3pp | 47.52%-44.1pp | 41.45%-38.1pp |
| Employer contribution / active EE | $2,451 | $5,170-52.6% | $4,617-46.9% | $4,869-49.7% |
| Participant deferral / active EE | $5,395 | $6,343-14.9% | $5,984-9.8% | $5,287+2.0% |
| Admin fee / account holder | $9,285 | $9,817-5.4% | $8,357+11.1% | $10,132-8.4% |