Filed October 22, 2018
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 | $146,800 | $58,208+152.2% | $81,812+79.4% | $80,856+81.6% |
| Participation rate | 60.6% | 63.4%-2.8pp | 72.3%-11.7pp | 67.6%-7.0pp |
| Annual return | 13.57% | 41.66%-28.1pp | 773.79%-760.2pp | 35.59%-22.0pp |
| Employer contribution / active EE | $1,286 | $2,340-45.0% | $2,912-55.8% | $2,755-53.3% |
| Participant deferral / active EE | $3,829 | $3,281+16.7% | $4,319-11.3% | $4,296-10.9% |
| Admin fee / account holder | $13,529 | $4,981+171.6% | $7,386+83.2% | $6,918+95.6% |