Filed December 27, 2017
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 | $44,054 | $48,795-9.7% | $65,493-32.7% | $84,808-48.1% |
| Participation rate | 68.6% | 67.0%+1.6pp | 73.1%-4.5pp | 68.3%+0.3pp |
| Annual return | 22.35% | 20.20%+2.2pp | 982.45%-960.1pp | 40.90%-18.5pp |
| Employer contribution / active EE | $1,712 | $1,930-11.3% | $2,574-33.5% | $2,631-34.9% |
| Participant deferral / active EE | $3,580 | $2,928+22.3% | $3,961-9.6% | $4,212-15.0% |
| Admin fee / account holder | $1,846 | $3,877-52.4% | $5,028-63.3% | $7,344-74.9% |