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 | $114,794 | $60,124+90.9% | $90,404+27.0% | $79,858+43.7% |
| Participation rate | 84.4% | 65.0%+19.4pp | 72.7%+11.7pp | 69.6%+14.7pp |
| Annual return | 13.17% | 71.94%-58.8pp | 1293.02%-1279.8pp | 31.71%-18.5pp |
| Employer contribution / active EE | $3,566 | $2,068+72.5% | $3,262+9.3% | $2,471+44.3% |
| Participant deferral / active EE | $8,490 | $2,938+188.9% | $3,963+114.2% | $3,740+127.0% |
| Admin fee / account holder | $7,672 | $3,976+92.9% | $5,611+36.7% | $5,306+44.6% |