Filed March 13, 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 6-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 | $23,408 | $54,705-57.2% | $71,209-67.1% | $84,808-72.4% |
| Participation rate | 84.8% | 64.1%+20.8pp | 73.8%+11.1pp | 68.3%+16.5pp |
| Annual return | 19.42% | 35.90%-16.5pp | 282.51%-263.1pp | 40.90%-21.5pp |
| Employer contribution / active EE | $2,227 | $2,158+3.2% | $2,721-18.2% | $2,631-15.4% |
| Participant deferral / active EE | $3,557 | $3,030+17.4% | $4,175-14.8% | $4,212-15.5% |
| Admin fee / account holder | $4,624 | $4,863-4.9% | $5,349-13.6% | $7,344-37.0% |