Filed February 5, 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.
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 | $85,436 | $209,336-59.2% | $197,124-56.7% | $137,256-37.8% |
| Participation rate | 60.9% | 87.3%-26.4pp | 86.7%-25.8pp | 80.0%-19.1pp |
| Annual return | 14.93% | 48.09%-33.2pp | 44.34%-29.4pp | 220.34%-205.4pp |
| Employer contribution / active EE | $2,003 | $6,591-69.6% | $6,227-67.8% | $4,156-51.8% |
| Participant deferral / active EE | $3,289 | $9,614-65.8% | $9,135-64.0% | $6,407-48.7% |
| Admin fee / account holder | $12,388 | $17,308-28.4% | $16,298-24.0% | $12,270+1.0% |