Filed February 13, 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 | $37,806 | $43,723-13.5% | $121,196-68.8% | $64,186-41.1% |
| Participation rate | 53.1% | 58.3%-5.2pp | 71.7%-18.6pp | 69.6%-16.4pp |
| Annual return | -5.69% | 68.91%-74.6pp | 16.93%-22.6pp | 7.63%-13.3pp |
| Employer contribution / active EE | $1,107 | $1,296-14.6% | $4,022-72.5% | $2,381-53.5% |
| Participant deferral / active EE | $2,078 | $2,280-8.9% | $3,344-37.9% | $3,470-40.1% |
| Admin fee / account holder | $1,795 | $3,501-48.7% | $5,019-64.2% | $4,888-63.3% |