Filed August 17, 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 9-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 | $90,999 | $100,773-9.7% | $88,946+2.3% | $142,382-36.1% |
| Participation rate | 47.6% | 74.3%-26.7pp | 68.8%-21.2pp | 80.1%-32.5pp |
| Annual return | 20.33% | 70.18%-49.8pp | 57.82%-37.5pp | 217.08%-196.7pp |
| Employer contribution / active EE | $1,550 | $2,918-46.9% | $2,555-39.3% | $4,299-63.9% |
| Participant deferral / active EE | $4,280 | $5,230-18.2% | $4,581-6.6% | $6,507-34.2% |
| Admin fee / account holder | $1,770 | $9,693-81.7% | $8,261-78.6% | $12,624-86.0% |