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 | $3,890 | $27,641-85.9% | $61,373-93.7% | $68,494-94.3% |
| Participation rate | 48.7% | 39.5%+9.2pp | 52.6%-3.9pp | 67.9%-19.2pp |
| Annual return | -17.90% | -13.24%-4.7pp | 338.61%-356.5pp | -7.84%-10.1pp |
| Employer contribution / active EE | $95 | $695-86.3% | $1,159-91.8% | $2,596-96.3% |
| Participant deferral / active EE | $668 | $1,263-47.1% | $2,125-68.6% | $4,027-83.4% |
| Admin fee / account holder | $535 | $2,010-73.4% | $2,130-74.9% | $5,403-90.1% |