Filed July 5, 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 9-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 | $98,255 | $197,591-50.3% | $177,821-44.7% | $158,922-38.2% |
| Participation rate | 75.0% | 88.5%-13.5pp | 87.7%-12.7pp | 82.0%-7.0pp |
| Annual return | 14.80% | 58.76%-44.0pp | 48.32%-33.5pp | 302.83%-288.0pp |
| Employer contribution / active EE | $6,194 | $6,697-7.5% | $5,918+4.7% | $4,761+30.1% |
| Participant deferral / active EE | $9,361 | $8,405+11.4% | $7,714+21.4% | $5,982+56.5% |
| Admin fee / account holder | $9,431 | $15,399-38.8% | $12,427-24.1% | $11,246-16.1% |