Filed October 14, 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 | $43,056 | $59,805-28.0% | $79,550-45.9% | $68,494-37.1% |
| Participation rate | 83.9% | 61.1%+22.8pp | 69.5%+14.4pp | 67.9%+16.0pp |
| Annual return | -17.99% | -12.30%-5.7pp | 0.16%-18.2pp | -7.84%-10.1pp |
| Employer contribution / active EE | $3,899 | $1,505+159.1% | $2,413+61.6% | $2,596+50.2% |
| Participant deferral / active EE | $5,926 | $3,024+95.9% | $3,985+48.7% | $4,027+47.1% |
| Admin fee / account holder | $18,547 | $4,835+283.6% | $6,832+171.5% | $5,403+243.3% |