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 | $59,638 | $53,777+10.9% | $134,143-55.5% | $79,858-25.3% |
| Participation rate | 49.4% | 58.8%-9.3pp | 72.2%-22.7pp | 69.6%-20.2pp |
| Annual return | 15.22% | 19.01%-3.8pp | 36.33%-21.1pp | 31.71%-16.5pp |
| Employer contribution / active EE | $504 | $1,321-61.9% | $3,704-86.4% | $2,471-79.6% |
| Participant deferral / active EE | $1,892 | $2,420-21.8% | $3,499-45.9% | $3,740-49.4% |
| Admin fee / account holder | $11,677 | $3,984+193.1% | $6,684+74.7% | $5,306+120.1% |