Filed October 31, 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 | $3,387 | $27,641-87.7% | $61,373-94.5% | $68,494-95.1% |
| Participation rate | 57.4% | 39.5%+18.0pp | 52.6%+4.9pp | 67.9%-10.4pp |
| Annual return | -13.57% | -13.24%-0.3pp | 338.61%-352.2pp | -7.84%-5.7pp |
| Employer contribution / active EE | $126 | $695-81.8% | $1,159-89.1% | $2,596-95.1% |
| Participant deferral / active EE | $770 | $1,263-39.1% | $2,125-63.8% | $4,027-80.9% |
| Admin fee / account holder | $909 | $2,010-54.8% | $2,130-57.3% | $5,403-83.2% |