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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,727 | $81,460-24.2% | $103,333-40.3% | $80,856-23.7% |
| Participation rate | 54.7% | 66.8%-12.2pp | 74.5%-19.9pp | 67.6%-13.0pp |
| Annual return | 27.14% | 25.55%+1.6pp | 24.88%+2.3pp | 35.59%-8.5pp |
| Employer contribution / active EE | $2,504 | $3,105-19.3% | $3,868-35.2% | $2,755-9.1% |
| Participant deferral / active EE | $5,600 | $3,869+44.7% | $5,057+10.7% | $4,296+30.4% |
| Admin fee / account holder | $3,198 | $6,566-51.3% | $8,355-61.7% | $6,918-53.8% |