Filed May 30, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $120,537 | $72,492+66.3% | $87,100+38.4% | $72,985+65.2% |
| Participation rate | 51.7% | 72.8%-21.1pp | 76.9%-25.1pp | 69.5%-17.8pp |
| Annual return | 19.55% | 24.46%-4.9pp | 28.19%-8.6pp | 81.00%-61.4pp |
| Employer contribution / active EE | $403 | $1,894-78.7% | $2,521-84.0% | $2,440-83.5% |
| Participant deferral / active EE | $3,884 | $3,270+18.8% | $4,049-4.1% | $3,607+7.7% |
| Admin fee / account holder | $16,383 | $5,055+224.1% | $7,497+118.5% | $5,124+219.7% |