Filed March 12, 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 | $112,926 | $77,660+45.4% | $109,143+3.5% | $79,386+42.2% |
| Participation rate | 65.1% | 67.8%-2.7pp | 75.9%-10.8pp | 70.7%-5.6pp |
| Annual return | 15.87% | 23.44%-7.6pp | 25.75%-9.9pp | 116.85%-101.0pp |
| Employer contribution / active EE | $2,530 | $2,797-9.6% | $3,722-32.0% | $2,427+4.2% |
| Participant deferral / active EE | $5,886 | $3,518+67.3% | $4,653+26.5% | $4,046+45.5% |
| Admin fee / account holder | $3,871 | $732+428.7% | $6,752-42.7% | $626+518.0% |