Filed October 23, 2017
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 | $139,311 | $60,124+131.7% | $90,404+54.1% | $79,858+74.4% |
| Participation rate | 69.4% | 65.0%+4.4pp | 72.7%-3.3pp | 69.6%-0.2pp |
| Annual return | 16.36% | 71.94%-55.6pp | 1293.02%-1276.7pp | 31.71%-15.4pp |
| Employer contribution / active EE | $2,208 | $2,068+6.8% | $3,262-32.3% | $2,471-10.7% |
| Participant deferral / active EE | $6,356 | $2,938+116.3% | $3,963+60.4% | $3,740+69.9% |
| Admin fee / account holder | $2,427 | $3,976-39.0% | $5,611-56.8% | $5,306-54.3% |