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 | $73,488 | $137,414-46.5% | $189,513-61.2% | $85,850-14.4% |
| Participation rate | 66.7% | 84.6%-17.9pp | 87.8%-21.1pp | 69.3%-2.6pp |
| Annual return | 15.27% | 38.14%-22.9pp | 555.15%-539.9pp | 318.53%-303.3pp |
| Employer contribution / active EE | $2,299 | $4,344-47.1% | $6,162-62.7% | $2,565-10.4% |
| Participant deferral / active EE | $5,430 | $6,260-13.3% | $8,221-34.0% | $3,952+37.4% |
| Admin fee / account holder | $4,353 | $8,630-49.6% | $12,045-63.9% | $6,260-30.5% |