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 | $71,620 | $110,094-34.9% | $151,611-52.8% | $68,494+4.6% |
| Participation rate | 59.5% | 84.0%-24.5pp | 87.5%-28.0pp | 67.9%-8.4pp |
| Annual return | -14.04% | -10.12%-3.9pp | 3.33%-17.4pp | -7.84%-6.2pp |
| Employer contribution / active EE | $2,002 | $4,471-55.2% | $6,166-67.5% | $2,596-22.9% |
| Participant deferral / active EE | $5,001 | $6,527-23.4% | $8,363-40.2% | $4,027+24.2% |
| Admin fee / account holder | $2,582 | $7,719-66.5% | $11,616-77.8% | $5,403-52.2% |