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 | $143,544 | $78,672+82.5% | $109,143+31.5% | $85,850+67.2% |
| Participation rate | 74.5% | 68.3%+6.2pp | 75.9%-1.4pp | 69.3%+5.2pp |
| Annual return | 20.98% | 25.09%-4.1pp | 25.75%-4.8pp | 318.53%-297.6pp |
| Employer contribution / active EE | $2,268 | $2,735-17.1% | $3,722-39.1% | $2,565-11.6% |
| Participant deferral / active EE | $7,757 | $3,467+123.7% | $4,653+66.7% | $3,952+96.3% |
| Admin fee / account holder | $13,797 | $5,469+152.3% | $6,752+104.3% | $6,260+120.4% |