Filed March 11, 2020
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 7-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 | $41,383 | $126,574-67.3% | $106,213-61.0% | $145,922-71.6% |
| Participation rate | 26.3% | 77.6%-51.3pp | 75.3%-49.0pp | 80.3%-54.0pp |
| Annual return | 10.18% | 224.79%-214.6pp | 116.14%-106.0pp | 561.29%-551.1pp |
| Employer contribution / active EE | $0 | $3,730-100.0% | $3,171-100.0% | $4,660-100.0% |
| Participant deferral / active EE | $1,948 | $5,724-66.0% | $5,016-61.2% | $6,688-70.9% |
| Admin fee / account holder | $18,831 | $17,304+8.8% | $11,033+70.7% | $13,397+40.6% |