Filed January 15, 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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,156 | $46,674-69.7% | $117,472-87.9% | $68,494-79.3% |
| Participation rate | 54.0% | 56.8%-2.8pp | 70.6%-16.6pp | 67.9%-13.9pp |
| Annual return | -13.96% | -14.52%+0.6pp | 29.74%-43.7pp | -7.84%-6.1pp |
| Employer contribution / active EE | $112 | $1,505-92.5% | $4,176-97.3% | $2,596-95.7% |
| Participant deferral / active EE | $1,115 | $2,636-57.7% | $4,070-72.6% | $4,027-72.3% |
| Admin fee / account holder | $11,219 | $4,020+179.1% | $5,645+98.8% | $5,403+107.7% |