Filed April 28, 2020
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 | $32,197 | $89,652-64.1% | $141,162-77.2% | $65,185-50.6% |
| Participation rate | 61.1% | 74.7%-13.6pp | 82.5%-21.4pp | 70.2%-9.1pp |
| Annual return | 40.64% | 32.79%+7.8pp | 71.39%-30.7pp | 29.38%+11.3pp |
| Employer contribution / active EE | $2,169 | $3,065-29.2% | $4,735-54.2% | $2,177-0.3% |
| Participant deferral / active EE | $4,934 | $5,691-13.3% | $6,709-26.5% | $3,514+40.4% |
| Admin fee / account holder | $1,991 | $569+250.2% | $10,261-80.6% | $847+135.1% |