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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $4,733 | $34,308-86.2% | $74,701-93.7% | $72,985-93.5% |
| Participation rate | 100.0% | 42.4%+57.6pp | 54.5%+45.5pp | 69.5%+30.5pp |
| Annual return | 22.84% | 26.58%-3.7pp | 752.92%-730.1pp | 81.00%-58.2pp |
| Employer contribution / active EE | $225 | $692-67.5% | $1,084-79.2% | $2,440-90.8% |
| Participant deferral / active EE | $1,537 | $1,271+20.9% | $1,964-21.7% | $3,607-57.4% |
| Admin fee / account holder | $752 | $2,124-64.6% | $3,333-77.4% | $5,124-85.3% |