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 | $71,559 | $125,758-43.1% | $169,993-57.9% | $75,163-4.8% |
| Participation rate | 69.4% | 83.6%-14.1pp | 87.0%-17.6pp | 67.2%+2.3pp |
| Annual return | 18.16% | 27.20%-9.0pp | 53.37%-35.2pp | 160.62%-142.5pp |
| Employer contribution / active EE | $2,003 | $4,615-56.6% | $6,785-70.5% | $2,670-25.0% |
| Participant deferral / active EE | $4,559 | $6,837-33.3% | $10,408-56.2% | $4,125+10.5% |
| Admin fee / account holder | $1,608 | $8,173-80.3% | $12,815-87.5% | $5,651-71.5% |