Filed August 21, 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 | $145,956 | $65,246+123.7% | $98,716+47.9% | $67,986+114.7% |
| Participation rate | 65.5% | 51.4%+14.1pp | 69.3%-3.8pp | 57.2%+8.3pp |
| Annual return | 12.95% | 20.58%-7.6pp | 31.81%-18.9pp | 31.67%-18.7pp |
| Employer contribution / active EE | $2,353 | $1,042+125.8% | $2,279+3.3% | $2,019+16.5% |
| Participant deferral / active EE | $4,623 | $2,594+78.2% | $4,048+14.2% | $3,358+37.7% |
| Admin fee / account holder | $8,857 | $4,561+94.2% | $8,703+1.8% | $3,203+176.5% |