Filed January 7, 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.
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 | $143,924 | $86,944+65.5% | $107,525+33.9% | $74,304+93.7% |
| Participation rate | 81.9% | 59.6%+22.4pp | 75.1%+6.8pp | 60.3%+21.6pp |
| Annual return | 18.65% | 23.52%-4.9pp | 181.32%-162.7pp | 29.43%-10.8pp |
| Employer contribution / active EE | $3,039 | $2,757+10.2% | $3,754-19.0% | $2,241+35.6% |
| Participant deferral / active EE | $6,687 | $3,554+88.1% | $5,116+30.7% | $3,767+77.5% |
| Admin fee / account holder | $15,999 | $3,727+329.3% | $8,919+79.4% | $2,969+438.9% |