Filed January 10, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $130,867 | $52,279+150.3% | $89,391+46.4% | $79,858+63.9% |
| Participation rate | 24.2% | 57.5%-33.3pp | 68.0%-43.7pp | 69.6%-45.4pp |
| Annual return | 17.99% | 22.16%-4.2pp | 245.62%-227.6pp | 31.71%-13.7pp |
| Employer contribution / active EE | $115 | $1,572-92.7% | $2,586-95.5% | $2,471-95.3% |
| Participant deferral / active EE | $814 | $2,740-70.3% | $3,890-79.1% | $3,740-78.2% |
| Admin fee / account holder | $8,225 | $3,356+145.0% | $4,881+68.5% | $5,306+55.0% |