Filed June 26, 2018
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 | $100,575 | $54,762+83.7% | $90,281+11.4% | $72,985+37.8% |
| Participation rate | 78.9% | 65.1%+13.8pp | 73.3%+5.7pp | 69.5%+9.5pp |
| Annual return | 20.71% | 30.63%-9.9pp | 78.10%-57.4pp | 81.00%-60.3pp |
| Employer contribution / active EE | $3,257 | $2,092+55.7% | $2,854+14.1% | $2,440+33.5% |
| Participant deferral / active EE | $8,317 | $2,887+188.1% | $3,885+114.1% | $3,607+130.6% |
| Admin fee / account holder | $5,426 | $3,972+36.6% | $5,351+1.4% | $5,124+5.9% |