Filed June 12, 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.
Participant 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $92,492 | $71,883+28.7% | $86,677+6.7% | $68,494+35.0% |
| Participation rate | 85.2% | 72.2%+13.0pp | 76.6%+8.7pp | 67.9%+17.4pp |
| Annual return | -19.92% | 3.52%-23.4pp | 35.91%-55.8pp | -7.84%-12.1pp |
| Employer contribution / active EE | $6,750 | $2,173+210.6% | $2,836+138.0% | $2,596+160.0% |
| Participant deferral / active EE | $882 | $3,779-76.6% | $4,656-81.0% | $4,027-78.1% |
| Admin fee / account holder | $6,864 | $6,112+12.3% | $7,493-8.4% | $5,403+27.1% |