Filed July 5, 2019
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 | $50,904 | $109,359-53.5% | $162,163-68.6% | $72,985-30.3% |
| Participation rate | 67.4% | 84.3%-16.8pp | 87.6%-20.1pp | 69.5%-2.0pp |
| Annual return | 17.56% | 25.46%-7.9pp | 115.59%-98.0pp | 81.00%-63.4pp |
| Employer contribution / active EE | $1,936 | $3,907-50.5% | $5,614-65.5% | $2,440-20.7% |
| Participant deferral / active EE | $4,811 | $5,481-12.2% | $7,298-34.1% | $3,607+33.4% |
| Admin fee / account holder | $17,287 | $7,972+116.9% | $10,843+59.4% | $5,124+237.4% |