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 | $143,587 | $60,124+138.8% | $90,404+58.8% | $79,858+79.8% |
| Participation rate | 100.0% | 65.0%+35.0pp | 72.7%+27.3pp | 69.6%+30.4pp |
| Annual return | 21.62% | 71.94%-50.3pp | 1293.02%-1271.4pp | 31.71%-10.1pp |
| Employer contribution / active EE | $5,875 | $2,068+184.1% | $3,262+80.1% | $2,471+137.8% |
| Participant deferral / active EE | $5,132 | $2,938+74.7% | $3,963+29.5% | $3,740+37.2% |
| Admin fee / account holder | $2,143 | $3,976-46.1% | $5,611-61.8% | $5,306-59.6% |