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 | $75,359 | $43,327+73.9% | $59,878+25.9% | $64,186+17.4% |
| Participation rate | 90.6% | 69.2%+21.4pp | 74.7%+15.9pp | 69.6%+21.0pp |
| Annual return | 9.04% | -1.55%+10.6pp | 3.46%+5.6pp | 7.63%+1.4pp |
| Employer contribution / active EE | $5,081 | $2,028+150.5% | $2,722+86.7% | $2,381+113.4% |
| Participant deferral / active EE | $5,357 | $2,546+110.4% | $3,402+57.5% | $3,470+54.4% |
| Admin fee / account holder | $2,266 | $3,005-24.6% | $3,590-36.9% | $4,888-53.6% |