Filed April 15, 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 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 | $182,680 | $109,881+66.3% | $150,045+21.7% | $84,808+115.4% |
| Participation rate | 68.8% | 76.1%-7.3pp | 82.3%-13.5pp | 68.3%+0.5pp |
| Annual return | 13.20% | 28.25%-15.0pp | 62.55%-49.3pp | 40.90%-27.7pp |
| Employer contribution / active EE | $3,161 | $3,561-11.2% | $4,693-32.6% | $2,631+20.1% |
| Participant deferral / active EE | $7,283 | $6,636+9.8% | $7,997-8.9% | $4,212+72.9% |
| Admin fee / account holder | $46,719 | $8,568+445.3% | $13,435+247.7% | $7,344+536.2% |