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 | $58,234+152.1% | $81,783+79.5% | $80,874+81.5% |
| Participation rate | 60.6% | 63.4%-2.8pp | 72.4%-11.7pp | 67.6%-7.0pp |
| Annual return | 13.57% | 41.70%-28.1pp | 775.05%-761.5pp | 35.62%-22.1pp |
| Employer contribution / active EE | $1,286 | $2,341-45.1% | $2,913-55.8% | $2,756-53.3% |
| Participant deferral / active EE | $3,829 | $3,283+16.6% | $4,320-11.4% | $4,297-10.9% |
| Admin fee / account holder | $13,529 | $4,982+171.6% | $7,380+83.3% | $6,935+95.1% |