Filed August 22, 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 | $104,922 | $47,848+119.3% | $81,478+28.8% | $70,131+49.6% |
| Participation rate | 72.7% | 58.3%+14.5pp | 68.0%+4.8pp | 69.5%+3.2pp |
| Annual return | 22.93% | 27.25%-4.3pp | 38.78%-15.8pp | 73.14%-50.2pp |
| Employer contribution / active EE | $2,667 | $1,527+74.6% | $2,568+3.9% | $2,342+13.8% |
| Participant deferral / active EE | $7,232 | $2,453+194.8% | $3,537+104.5% | $3,332+117.1% |
| Admin fee / account holder | $10,126 | $3,145+222.0% | $4,561+122.0% | $4,645+118.0% |