Filed October 11, 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 | $103,625 | $65,703+57.7% | $94,224+10.0% | $59,632+73.8% |
| Participation rate | 100.0% | 72.1%+27.9pp | 78.8%+21.2pp | 68.7%+31.3pp |
| Annual return | 1.16% | 5.22%-4.1pp | 10.68%-9.5pp | 2041.28%-2040.1pp |
| Employer contribution / active EE | $10,894 | $2,021+439.2% | $3,587+203.7% | $2,203+394.6% |
| Participant deferral / active EE | $2,526 | $3,143-19.6% | $4,320-41.5% | $3,192-20.9% |
| Admin fee / account holder | $1,981 | $4,264-53.6% | $6,269-68.4% | $4,297-53.9% |