Filed February 21, 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 | $61,322 | $77,813-21.2% | $123,544-50.4% | $64,186-4.5% |
| Participation rate | 74.0% | 74.7%-0.7pp | 82.3%-8.3pp | 69.6%+4.4pp |
| Annual return | -6.43% | 12.48%-18.9pp | 119.20%-125.6pp | 7.63%-14.1pp |
| Employer contribution / active EE | $6,002 | $3,014+99.2% | $4,628+29.7% | $2,381+152.1% |
| Participant deferral / active EE | $9,362 | $5,240+78.7% | $6,426+45.7% | $3,470+169.8% |
| Admin fee / account holder | $4,916 | $5,519-10.9% | $9,284-47.0% | $4,888+0.6% |