Filed November 27, 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 5-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.
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 | $61,601 | $87,841-29.9% | $133,980-54.0% | $62,891-2.1% |
| Participation rate | 84.7% | 83.4%+1.3pp | 87.1%-2.4pp | 69.3%+15.4pp |
| Annual return | 6.34% | 12.05%-5.7pp | 29.30%-23.0pp | 20.14%-13.8pp |
| Employer contribution / active EE | $731 | $3,483-79.0% | $5,211-86.0% | $2,281-68.0% |
| Participant deferral / active EE | $5,032 | $4,812+4.6% | $6,282-19.9% | $3,203+57.1% |
| Admin fee / account holder | $5,197 | $5,371-3.2% | $9,324-44.3% | $4,296+21.0% |