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 | $88,639 | $45,035+96.8% | $62,995+40.7% | $70,131+26.4% |
| Participation rate | 91.7% | 69.5%+22.1pp | 74.8%+16.9pp | 69.5%+22.1pp |
| Annual return | 16.57% | 18.76%-2.2pp | 87.57%-71.0pp | 73.14%-56.6pp |
| Employer contribution / active EE | $6,617 | $2,051+222.6% | $2,759+139.9% | $2,342+182.5% |
| Participant deferral / active EE | $6,760 | $2,465+174.3% | $3,329+103.1% | $3,332+102.9% |
| Admin fee / account holder | $4,241 | $2,834+49.6% | $3,600+17.8% | $4,645-8.7% |