Filed February 9, 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.
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 | $189,292 | $64,890+191.7% | $134,172+41.1% | $67,986+178.4% |
| Participation rate | 41.0% | 48.5%-7.6pp | 72.5%-31.5pp | 57.2%-16.3pp |
| Annual return | 22.36% | 16.12%+6.2pp | 25.30%-2.9pp | 31.67%-9.3pp |
| Employer contribution / active EE | $1,466 | $1,360+7.8% | $3,420-57.1% | $2,019-27.4% |
| Participant deferral / active EE | $3,234 | $2,289+41.3% | $4,690-31.0% | $3,358-3.7% |
| Admin fee / account holder | $16,454 | $3,140+424.0% | $12,016+36.9% | $3,203+413.7% |