Filed July 9, 2018
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 | $28,265 | $58,523-51.7% | $99,443-71.6% | $72,985-61.3% |
| Participation rate | 71.2% | 64.6%+6.6pp | 73.8%-2.6pp | 69.5%+1.7pp |
| Annual return | 25.73% | 28.51%-2.8pp | 30.72%-5.0pp | 81.00%-55.3pp |
| Employer contribution / active EE | $1,275 | $1,512-15.7% | $2,540-49.8% | $2,440-47.8% |
| Participant deferral / active EE | $2,239 | $2,606-14.1% | $3,619-38.1% | $3,607-37.9% |
| Admin fee / account holder | $1,437 | $4,102-65.0% | $6,250-77.0% | $5,124-72.0% |