Filed September 8, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,757 | $64,707-43.2% | $112,228-67.2% | $68,494-46.3% |
| Participation rate | 50.6% | 67.2%-16.6pp | 75.1%-24.5pp | 67.9%-17.3pp |
| Annual return | -23.41% | -11.40%-12.0pp | 27.45%-50.9pp | -7.84%-15.6pp |
| Employer contribution / active EE | $1,237 | $2,746-55.0% | $3,635-66.0% | $2,596-52.4% |
| Participant deferral / active EE | $3,972 | $3,565+11.4% | $4,728-16.0% | $4,027-1.4% |
| Admin fee / account holder | $1,196 | $5,232-77.1% | $6,410-81.3% | $5,403-77.9% |