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 | $74,412 | $42,894+73.5% | $60,874+22.2% | $68,494+8.6% |
| Participation rate | 88.3% | 66.8%+21.5pp | 73.1%+15.2pp | 67.9%+20.4pp |
| Annual return | -7.53% | -13.98%+6.5pp | 16.90%-24.4pp | -7.84%+0.3pp |
| Employer contribution / active EE | $1,558 | $1,978-21.2% | $2,701-42.3% | $2,596-40.0% |
| Participant deferral / active EE | $4,381 | $2,867+52.8% | $3,817+14.8% | $4,027+8.8% |
| Admin fee / account holder | $10,748 | $3,101+246.6% | $3,224+233.4% | $5,403+98.9% |