Filed May 17, 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 | $89,529 | $65,561+36.6% | $86,188+3.9% | $75,163+19.1% |
| Participation rate | 68.0% | 60.5%+7.5pp | 69.0%-1.0pp | 67.2%+0.8pp |
| Annual return | 17.56% | 46.05%-28.5pp | 1168.45%-1150.9pp | 160.62%-143.1pp |
| Employer contribution / active EE | $2,767 | $1,553+78.2% | $2,380+16.3% | $2,670+3.6% |
| Participant deferral / active EE | $6,810 | $3,024+125.2% | $3,985+70.9% | $4,125+65.1% |
| Admin fee / account holder | $9,997 | $5,474+82.6% | $6,852+45.9% | $5,651+76.9% |