Filed November 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 | $62,700 | $77,813-19.4% | $123,544-49.2% | $64,186-2.3% |
| Participation rate | 96.4% | 74.7%+21.7pp | 82.3%+14.1pp | 69.6%+26.9pp |
| Annual return | -5.38% | 12.48%-17.9pp | 119.20%-124.6pp | 7.63%-13.0pp |
| Employer contribution / active EE | $2,140 | $3,014-29.0% | $4,628-53.8% | $2,381-10.1% |
| Participant deferral / active EE | $4,444 | $5,240-15.2% | $6,426-30.8% | $3,470+28.1% |
| Admin fee / account holder | $9,694 | $5,519+75.7% | $9,284+4.4% | $4,888+98.3% |