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 | $61,234 | $45,602+34.3% | $117,472-47.9% | $66,914-8.5% |
| Participation rate | 28.6% | 57.6%-29.1pp | 70.6%-42.0pp | 69.8%-41.2pp |
| Annual return | -16.42% | -16.74%+0.3pp | 29.74%-46.2pp | 1.58%-18.0pp |
| Employer contribution / active EE | $748 | $1,579-52.6% | $4,176-82.1% | $2,544-70.6% |
| Participant deferral / active EE | $1,272 | $2,845-55.3% | $4,070-68.7% | $4,237-70.0% |
| Admin fee / account holder | $638 | $661-3.4% | $5,645-88.7% | $593+7.6% |