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 3-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 | $31,504 | $81,632-61.4% | $70,449-55.3% | $158,922-80.2% |
| Participation rate | 100.0% | 77.7%+22.3pp | 75.1%+24.9pp | 82.0%+18.0pp |
| Annual return | 17.65% | 208.40%-190.8pp | 109.03%-91.4pp | 302.83%-285.2pp |
| Employer contribution / active EE | $6,714 | $3,217+108.7% | $2,737+145.3% | $4,761+41.0% |
| Participant deferral / active EE | $7,225 | $4,554+58.7% | $3,709+94.8% | $5,982+20.8% |
| Admin fee / account holder | $332 | $6,193-94.6% | $3,845-91.4% | $11,246-97.0% |