Filed October 16, 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 | $97,268 | $90,503+7.5% | $78,689+23.6% | $273,961-64.5% |
| Participation rate | 83.3% | 76.5%+6.8pp | 73.6%+9.8pp | 83.0%+0.3pp |
| Annual return | 8.01% | 75.60%-67.6pp | 62.18%-54.2pp | 41.45%-33.4pp |
| Employer contribution / active EE | $4,384 | $3,176+38.0% | $2,851+53.8% | $4,869-10.0% |
| Participant deferral / active EE | $3,502 | $3,901-10.2% | $3,517-0.4% | $5,287-33.8% |
| Admin fee / account holder | $3,881 | $5,263-26.3% | $4,510-14.0% | $10,132-61.7% |