Filed February 6, 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 | $174,266 | $94,529+84.4% | $140,016+24.5% | $64,186+171.5% |
| Participation rate | 81.7% | 84.1%-2.4pp | 87.5%-5.8pp | 69.6%+12.1pp |
| Annual return | -5.20% | 7.77%-13.0pp | 651.12%-656.3pp | 7.63%-12.8pp |
| Employer contribution / active EE | $4,825 | $3,812+26.5% | $5,606-13.9% | $2,381+102.6% |
| Participant deferral / active EE | $9,452 | $5,250+80.0% | $6,927+36.5% | $3,470+172.4% |
| Admin fee / account holder | $12,162 | $6,741+80.4% | $10,705+13.6% | $4,888+148.8% |