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 | $108,306 | $53,127+103.9% | $86,590+25.1% | $70,131+54.4% |
| Participation rate | 74.2% | 65.3%+8.9pp | 73.5%+0.6pp | 69.5%+4.7pp |
| Annual return | 21.13% | 27.66%-6.5pp | 964.84%-943.7pp | 73.14%-52.0pp |
| Employer contribution / active EE | $3,853 | $2,068+86.3% | $2,839+35.7% | $2,342+64.5% |
| Participant deferral / active EE | $3,470 | $2,696+28.7% | $3,609-3.8% | $3,332+4.2% |
| Admin fee / account holder | $2,256 | $3,585-37.1% | $4,906-54.0% | $4,645-51.4% |