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 | $217,681 | $110,094+97.7% | $151,611+43.6% | $68,494+217.8% |
| Participation rate | 95.2% | 84.0%+11.3pp | 87.5%+7.7pp | 67.9%+27.3pp |
| Annual return | -16.41% | -10.12%-6.3pp | 3.33%-19.7pp | -7.84%-8.6pp |
| Employer contribution / active EE | $6,778 | $4,471+51.6% | $6,166+9.9% | $2,596+161.1% |
| Participant deferral / active EE | $13,350 | $6,527+104.5% | $8,363+59.6% | $4,027+231.5% |
| Admin fee / account holder | $15,101 | $7,719+95.6% | $11,616+30.0% | $5,403+179.5% |