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 | $113,279 | $69,977+61.9% | $108,579+4.3% | $62,891+80.1% |
| Participation rate | 100.0% | 72.9%+27.1pp | 79.6%+20.4pp | 69.3%+30.7pp |
| Annual return | 4.90% | 10.73%-5.8pp | -51.70%+56.6pp | 20.14%-15.2pp |
| Employer contribution / active EE | $11,290 | $2,135+428.8% | $3,758+200.4% | $2,281+395.0% |
| Participant deferral / active EE | $2,643 | $3,165-16.5% | $4,311-38.7% | $3,203-17.5% |
| Admin fee / account holder | $4,130 | $5,076-18.6% | $7,645-46.0% | $4,296-3.9% |