Filed March 21, 2019
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $61,661 | $77,896-20.8% | $134,172-54.0% | $82,448-25.2% |
| Participation rate | 54.3% | 62.8%-8.4pp | 72.5%-18.1pp | 68.1%-13.7pp |
| Annual return | 15.64% | 18.21%-2.6pp | 25.30%-9.7pp | 41.64%-26.0pp |
| Employer contribution / active EE | $2,410 | $2,159+11.6% | $3,420-29.5% | $2,551-5.5% |
| Participant deferral / active EE | $4,327 | $3,162+36.8% | $4,690-7.7% | $4,139+4.5% |
| Admin fee / account holder | $1,541 | $6,336-75.7% | $12,016-87.2% | $7,234-78.7% |