Filed January 25, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,134 | $48,076-37.3% | $78,689-61.7% | $62,891-52.1% |
| Participation rate | 91.7% | 65.2%+26.5pp | 73.6%+18.1pp | 69.3%+22.4pp |
| Annual return | -8.24% | 31.35%-39.6pp | 62.18%-70.4pp | 20.14%-28.4pp |
| Employer contribution / active EE | $3,548 | $2,015+76.1% | $2,851+24.5% | $2,281+55.5% |
| Participant deferral / active EE | $1,151 | $2,588-55.5% | $3,517-67.3% | $3,203-64.1% |
| Admin fee / account holder | $1,464 | $3,207-54.4% | $4,510-67.6% | $4,296-65.9% |