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 | $10,851 | $27,641-60.7% | $61,373-82.3% | $68,494-84.2% |
| Participation rate | 42.5% | 39.5%+3.0pp | 52.6%-10.0pp | 67.9%-25.4pp |
| Annual return | -12.74% | -13.24%+0.5pp | 338.61%-351.3pp | -7.84%-4.9pp |
| Employer contribution / active EE | $136 | $695-80.4% | $1,159-88.3% | $2,596-94.8% |
| Participant deferral / active EE | $1,118 | $1,263-11.5% | $2,125-47.4% | $4,027-72.2% |
| Admin fee / account holder | $319 | $2,010-84.1% | $2,130-85.0% | $5,403-94.1% |