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 | $72,570 | $48,335+50.1% | $121,098-40.1% | $71,457+1.6% |
| Participation rate | 25.4% | 54.3%-28.9pp | 69.5%-44.1pp | 67.9%-42.5pp |
| Annual return | 16.04% | 23.32%-7.3pp | 985.75%-969.7pp | 28.85%-12.8pp |
| Employer contribution / active EE | $760 | $1,489-49.0% | $4,164-81.7% | $2,588-70.6% |
| Participant deferral / active EE | $1,336 | $2,754-51.5% | $4,080-67.2% | $4,289-68.8% |
| Admin fee / account holder | $11,019 | $1,841+498.7% | $5,644+95.2% | $1,587+594.2% |