Filed September 22, 2018
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 | $78,593 | $60,892+29.1% | $82,389-4.6% | $84,808-7.3% |
| Participation rate | 98.6% | 63.3%+35.4pp | 69.5%+29.1pp | 68.3%+30.3pp |
| Annual return | 19.36% | 37.29%-17.9pp | 28.67%-9.3pp | 40.90%-21.5pp |
| Employer contribution / active EE | $3,117 | $1,779+75.2% | $2,517+23.8% | $2,631+18.5% |
| Participant deferral / active EE | $2,234 | $3,179-29.7% | $4,155-46.2% | $4,212-47.0% |
| Admin fee / account holder | $1,522 | $5,467-72.2% | $7,231-78.9% | $7,344-79.3% |