Filed December 2, 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 | $118,988 | $148,978-20.1% | $200,582-40.7% | $84,808+40.3% |
| Participation rate | 100.0% | 84.2%+15.8pp | 86.9%+13.1pp | 68.3%+31.7pp |
| Annual return | 21.99% | 28.16%-6.2pp | 42.33%-20.3pp | 40.90%-18.9pp |
| Employer contribution / active EE | $8,866 | $4,815+84.1% | $6,419+38.1% | $2,631+237.0% |
| Participant deferral / active EE | $8,017 | $7,142+12.3% | $9,331-14.1% | $4,212+90.4% |
| Admin fee / account holder | $402 | $13,977-97.1% | $16,305-97.5% | $7,344-94.5% |