Filed December 13, 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 | $57,735 | $39,122+47.6% | $57,179+1.0% | $62,891-8.2% |
| Participation rate | 97.8% | 70.5%+27.3pp | 75.3%+22.5pp | 69.3%+28.5pp |
| Annual return | 1.62% | 9.23%-7.6pp | 14.59%-13.0pp | 20.14%-18.5pp |
| Employer contribution / active EE | $8,988 | $1,874+379.6% | $2,682+235.1% | $2,281+294.1% |
| Participant deferral / active EE | $3,044 | $2,374+28.2% | $3,096-1.7% | $3,203-5.0% |
| Admin fee / account holder | $1,091 | $2,592-57.9% | $3,139-65.2% | $4,296-74.6% |