Filed October 19, 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 | $149,086 | $52,580+183.5% | $71,671+108.0% | $70,131+112.6% |
| Participation rate | 97.2% | 60.9%+36.3pp | 68.7%+28.5pp | 69.5%+27.7pp |
| Annual return | 17.18% | 20.25%-3.1pp | 20.65%-3.5pp | 73.14%-56.0pp |
| Employer contribution / active EE | $4,163 | $1,616+157.6% | $2,460+69.2% | $2,342+77.7% |
| Participant deferral / active EE | $6,615 | $2,386+177.2% | $3,438+92.4% | $3,332+98.5% |
| Admin fee / account holder | $19,781 | $3,653+441.5% | $5,558+255.9% | $4,645+325.8% |