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 | $77,216 | $43,327+78.2% | $59,878+29.0% | $64,186+20.3% |
| Participation rate | 96.6% | 69.2%+27.4pp | 74.7%+21.9pp | 69.6%+27.0pp |
| Annual return | -4.78% | -1.55%-3.2pp | 3.46%-8.2pp | 7.63%-12.4pp |
| Employer contribution / active EE | $7,309 | $2,028+260.3% | $2,722+168.6% | $2,381+207.0% |
| Participant deferral / active EE | $7,183 | $2,546+182.1% | $3,402+111.2% | $3,470+107.0% |
| Admin fee / account holder | $7,153 | $3,005+138.0% | $3,590+99.2% | $4,888+46.3% |