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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $92,349 | $45,073+104.9% | $69,455+33.0% | $72,985+26.5% |
| Participation rate | 71.1% | 68.5%+2.6pp | 74.6%-3.6pp | 69.5%+1.6pp |
| Annual return | 4.78% | 22.65%-17.9pp | 28.97%-24.2pp | 81.00%-76.2pp |
| Employer contribution / active EE | $3,531 | $2,054+71.9% | $2,779+27.0% | $2,440+44.7% |
| Participant deferral / active EE | $4,227 | $2,602+62.5% | $3,535+19.6% | $3,607+17.2% |
| Admin fee / account holder | $6,734 | $3,056+120.4% | $3,839+75.4% | $5,124+31.4% |