Filed October 28, 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 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 | $84,374 | $39,122+115.7% | $57,179+47.6% | $62,891+34.2% |
| Participation rate | 90.0% | 70.5%+19.5pp | 75.3%+14.7pp | 69.3%+20.7pp |
| Annual return | 6.52% | 9.23%-2.7pp | 14.59%-8.1pp | 20.14%-13.6pp |
| Employer contribution / active EE | $5,932 | $1,874+216.5% | $2,682+121.1% | $2,281+160.1% |
| Participant deferral / active EE | $5,684 | $2,374+139.4% | $3,096+83.6% | $3,203+77.5% |
| Admin fee / account holder | $7,777 | $2,592+200.1% | $3,139+147.8% | $4,296+81.1% |