Filed June 21, 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.
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 | $32,928 | $110,094-70.1% | $151,611-78.3% | $68,494-51.9% |
| Participation rate | 93.4% | 84.0%+9.5pp | 87.5%+5.9pp | 67.9%+25.6pp |
| Annual return | -5.86% | -10.12%+4.3pp | 3.33%-9.2pp | -7.84%+2.0pp |
| Employer contribution / active EE | $3,653 | $4,471-18.3% | $6,166-40.8% | $2,596+40.7% |
| Participant deferral / active EE | $5,859 | $6,527-10.2% | $8,363-29.9% | $4,027+45.5% |
| Admin fee / account holder | $7,217 | $7,719-6.5% | $11,616-37.9% | $5,403+33.6% |