Filed March 13, 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $311,364 | $56,897+447.2% | $84,750+267.4% | $62,891+395.1% |
| Participation rate | 19.2% | 68.5%-49.4pp | 76.6%-57.4pp | 69.3%-50.1pp |
| Annual return | 6.52% | 6.30%+0.2pp | 22.78%-16.3pp | 20.14%-13.6pp |
| Employer contribution / active EE | $624 | $2,400-74.0% | $3,574-82.5% | $2,281-72.7% |
| Participant deferral / active EE | $1,245 | $2,709-54.1% | $3,712-66.5% | $3,203-61.1% |
| Admin fee / account holder | $15,417 | $3,581+330.6% | $5,332+189.1% | $4,296+258.9% |