Filed September 27, 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 6-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 | $125,145 | $81,460+53.6% | $103,333+21.1% | $80,856+54.8% |
| Participation rate | 75.4% | 66.8%+8.6pp | 74.5%+0.9pp | 67.6%+7.8pp |
| Annual return | 16.74% | 25.55%-8.8pp | 24.88%-8.1pp | 35.59%-18.9pp |
| Employer contribution / active EE | $4,559 | $3,105+46.8% | $3,868+17.9% | $2,755+65.5% |
| Participant deferral / active EE | $8,857 | $3,869+128.9% | $5,057+75.1% | $4,296+106.2% |
| Admin fee / account holder | $3,505 | $6,566-46.6% | $8,355-58.0% | $6,918-49.3% |