Filed May 31, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,247 | $53,162+20.9% | $91,220-29.6% | $68,494-6.2% |
| Participation rate | 47.5% | 63.2%-15.7pp | 73.2%-25.7pp | 67.9%-20.4pp |
| Annual return | -8.71% | -3.14%-5.6pp | 114.01%-122.7pp | -7.84%-0.9pp |
| Employer contribution / active EE | $806 | $1,709-52.8% | $2,850-71.7% | $2,596-69.0% |
| Participant deferral / active EE | $1,420 | $2,974-52.2% | $4,234-66.5% | $4,027-64.7% |
| Admin fee / account holder | $443 | $4,493-90.2% | $5,420-91.8% | $5,403-91.8% |