Filed June 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 | $141,643 | $62,586+126.3% | $76,768+84.5% | $64,186+120.7% |
| Participation rate | 100.0% | 72.8%+27.2pp | 77.0%+23.0pp | 69.6%+30.4pp |
| Annual return | -4.53% | -1.95%-2.6pp | 2.43%-7.0pp | 7.63%-12.2pp |
| Employer contribution / active EE | $2,449 | $1,832+33.7% | $2,485-1.5% | $2,381+2.9% |
| Participant deferral / active EE | $6,907 | $3,145+119.7% | $3,852+79.3% | $3,470+99.1% |
| Admin fee / account holder | $14,200 | $4,667+204.3% | $6,675+112.7% | $4,888+190.5% |