Filed February 22, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,463 | $58,828-43.1% | $77,999-57.1% | $62,891-46.8% |
| Participation rate | 83.7% | 71.1%+12.6pp | 75.5%+8.2pp | 69.3%+14.4pp |
| Annual return | -3.02% | 17.16%-20.2pp | 425.96%-429.0pp | 20.14%-23.2pp |
| Employer contribution / active EE | $1,553 | $1,672-7.1% | $2,470-37.1% | $2,281-31.9% |
| Participant deferral / active EE | $2,382 | $2,686-11.3% | $3,497-31.9% | $3,203-25.6% |
| Admin fee / account holder | $3,007 | $4,393-31.6% | $5,480-45.1% | $4,296-30.0% |