Filed December 18, 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 9-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 | $117,159 | $57,354+104.3% | $83,848+39.7% | $64,186+82.5% |
| Participation rate | 78.6% | 68.6%+10.0pp | 76.1%+2.4pp | 69.6%+9.0pp |
| Annual return | 12.26% | 11.38%+0.9pp | 850.88%-838.6pp | 7.63%+4.6pp |
| Employer contribution / active EE | $2,226 | $2,545-12.5% | $3,631-38.7% | $2,381-6.5% |
| Participant deferral / active EE | $7,342 | $2,993+145.3% | $4,082+79.9% | $3,470+111.6% |
| Admin fee / account holder | $9,803 | $4,046+142.3% | $5,478+78.9% | $4,888+100.5% |