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 | $85,447 | $61,774+38.3% | $97,226-12.1% | $80,856+5.7% |
| Participation rate | 39.0% | 63.5%-24.5pp | 72.7%-33.7pp | 67.6%-28.6pp |
| Annual return | 10.92% | -557.90%+568.8pp | 75.13%-64.2pp | 35.59%-24.7pp |
| Employer contribution / active EE | $918 | $1,837-50.0% | $2,729-66.3% | $2,755-66.7% |
| Participant deferral / active EE | $1,767 | $3,029-41.7% | $4,264-58.6% | $4,296-58.9% |
| Admin fee / account holder | $4,593 | $5,166-11.1% | $5,654-18.8% | $6,918-33.6% |